Daily Practice

GCSE Business

19th June 2022

5 questions · GCSE · 503 questions in this band

1
Adding Value in Business
State one risk of trying to compete only by cutting price rather than adding genuine value.
2
Understanding and Meeting Customer Needs
Give one example of a primary market research method.
3
Business ownership structures
Identify the abbreviation added to the end of a private limited company's name.
4
Business aims and objectives
Identify one common aim of a brand new start-up business.
5
Stakeholders and their conflicting interests
Name one stakeholder group, other than shareholders and employees, that a new factory would affect.

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