Daily Practice

GCSE Business

12th November 2021

5 questions · GCSE · 503 questions in this band

1
Adding Value in Business
Identify why adding value can be more attractive to a business than competing purely on low price.
2
Understanding and Meeting Customer Needs
Give one disadvantage of relying only on secondary market research.
3
Business ownership structures
Give one document that partners typically draw up when forming a partnership.
4
Business aims and objectives
State one non-financial aim a business might have.
5
Stakeholders and their conflicting interests
Define the term stakeholder.

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