Quiz: How New Business Ideas Happen - Original Ideas
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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You've already learned about changes in technology, consumer wants, and obsolescence. Now let's explore how original ideas contribute to new business innovations!
What is an original idea in business?
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Which of the following are examples of original business ideas? (Select all that apply)
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An original idea is one that is {{blank0}} and has not been done before.
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Match the items on the left with their correct pairs on the right
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A business spent £1,000 developing an original product and made £3,500 in revenue. What is the profit?
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Why are original ideas important in business?
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What are some ways businesses can generate original ideas? (Select all that apply)
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One way to create original ideas is to {{blank0}} existing products to meet new needs.
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Match the items on the left with their correct pairs on the right
What is one risk of pursuing an original business idea?
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