Daily Practice

GCSE Business

28th October 2021

5 questions · GCSE · 503 questions in this band

1
The purpose of business and enterprise
What term describes the process of identifying a gap in the market and taking the risk to fill it?
2
The Role of the Entrepreneur and Generating Business Ideas
Explain why determination matters when starting a new business.
3
Adding Value in Business
Give an example of a UK business that adds value through branding.
4
Understanding and Meeting Customer Needs
Define market segmentation.
5
Business ownership structures
State the number of owners a standard partnership usually has.

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