Quiz: How Businesses Reduce Risk
AQA GCSE Business 8132
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Building on what you've learned, let's test your knowledge of how businesses reduce risk through research, insurance, planning, and flexibility!
What is the purpose of business insurance?
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Which of the following are ways businesses reduce risk? (Select all that apply)
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Businesses use {{blank0}} to gather data about customers and {{blank1}} to prepare for future challenges.
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Match the items on the left with their correct pairs on the right
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Why is flexibility important for reducing risk?
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Match the items on the left with their correct pairs on the right
What is one benefit of conducting market research?
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Which risks can insurance help businesses manage? (Select all that apply)
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Flexibility allows businesses to respond quickly to changes in {{blank0}} or unexpected {{blank1}}.
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