Daily Practice

GCSE Business

2nd August 2023

5 questions · GCSE · 503 questions in this band

1
Understanding and Meeting Customer Needs
Explain why a business should carry out market research before launching a new product.
2
Business ownership structures
Identify the abbreviation added to the end of a private limited company's name.
3
Business aims and objectives
Identify one common aim of a brand new start-up business.
4
Stakeholders and their conflicting interests
Name one stakeholder group, other than shareholders and employees, that a new factory would affect.
5
Business location decisions
Give one non-financial factor, other than transport, that might influence a service business's location choice.

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