Quiz: How New Business Ideas Happen — Original Ideas
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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Welcome! You've already learned about changes in technology, consumer wants, and obsolescence. Now, let's explore how businesses come up with original ideas!
What does creating an 'original idea' for a business mean?
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Which of the following could lead to original business ideas? (Select all that apply)
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An original business idea is often based on {{blank0}} thinking or solving a {{blank1}} problem.
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A business spends £5,000 to develop a new product and earns £8,000 in revenue. What is its profit?
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Which of the following is an example of an original business idea?
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What are common traits of entrepreneurs who create original ideas? (Select all that apply)
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What is a unique selling point (USP)?
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