Daily Practice

GCSE Business

4th June 2023

5 questions · GCSE · 503 questions in this band

1
The purpose of business and enterprise
Give an example of a want, as opposed to a need.
2
The Role of the Entrepreneur and Generating Business Ideas
State one way an entrepreneur could generate a business idea without inventing something completely new.
3
Adding Value in Business
State one risk of trying to compete only by cutting price rather than adding genuine value.
4
Understanding and Meeting Customer Needs
Give one example of a primary market research method.
5
Business ownership structures
Name a well-known UK public limited company.

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