GCSE Business · Exams: May and June 2027

GCSE Business Revision List 2027

Every GCSE Business topic for the 2027 exams (AQA and Edexcel): enterprise, marketing, finance, people, operations and the wider influences on a business, each with a free guide and printable practice.

73 topicsExams: May and June 2027AQAWJECEduqas

See how one of these works: The purpose of business and enterprise

Priya has noticed that her village has no bakery, and residents currently drive 20 minutes to the nearest town to buy bread. She is thinking about opening a small bakery in the village. Explain one reason why Priya's bakery idea is an example of enterprise.

  1. Identify the gap Priya has spotted: no bakery currently serves the village.
  2. Identify the risk she is prepared to take: investing her own time and money in premises, equipment and ingredients with no guarantee of success.
  3. Link the gap to the need it would meet: villagers currently have to travel to buy bread, so a local bakery would meet an unmet want closer to home.
  4. Write the explained answer: Priya's idea is enterprise because she has spotted a gap in provision, no local bakery, and is willing to take the risk of setting up a business to fill it, which meets villagers' want for bread without a 20-minute drive.

State the difference between a good and a service.

A good is a physical, tangible product, e.g. a loaf of bread; a service is an intangible product or action performed for a customer, e.g. hairdressing.

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