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Quiz: Needs, Wants and Business Opportunities
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about enterprise and SMEs, let's test your knowledge of needs, wants, and business opportunities!
What is a 'need' in business terms?
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Which of the following are examples of 'wants'? (Select all that apply)
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A business opportunity arises when there is a gap in the {{blank0}} or unmet {{blank1}}.
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Match the items on the left with their correct pairs on the right
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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 best describes a business opportunity?
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What are some ways businesses can identify needs and wants? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Why is it important for businesses to distinguish between needs and wants?
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