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!
Which of the following is a basic human need?
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Which of the following are examples of business opportunities? (Select all that apply)
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A {{blank0}} is something essential for survival, while a {{blank1}} is something people desire but can live without.
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Match the items on the left with their correct pairs on the right
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A company sells a product for £10 each. If 50 units are sold, what is the total revenue?
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Match the items on the left with their correct pairs on the right
Which of the following is an example of a want?
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What factors should a business consider when identifying opportunities? (Select all that apply)
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Businesses can identify opportunities by analysing {{blank0}} trends and looking for gaps in the {{blank1}}.
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