Quiz: How Businesses Adapt to Changing Markets
Edexcel Level 3 Advanced GCE in Business (9BS0)
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Building on what you've learned about markets, this quiz will test your understanding of how businesses adapt to changing markets. Let's get started!
What is a dynamic market?
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Which of the following are reasons why markets change? (Select all that apply)
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When businesses sell products online, it is called {{blank0}} retailing.
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Match the items on the left with their correct pairs on the right
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Which of the following is an adaptation businesses can make in a dynamic market?
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What are some challenges businesses face in adapting to online retailing? (Select all that apply)
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Match the items on the left with their correct pairs on the right
A {{blank0}} market has a large customer base, while a {{blank1}} market targets a specialised group of customers.
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