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 understanding of needs, wants, and business opportunities!
Which of the following is an example of a need?
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Which of the following are examples of wants? (Select all that apply)
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A {{blank0}} identifies gaps in the market and creates solutions to meet customer {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business sells 100 units of a product at £20 each. What is the total revenue?
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What is a business opportunity?
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Which of the following could be considered business opportunities? (Select all that apply)
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Match the items on the left with their correct pairs on the right
Businesses aim to satisfy customer {{blank0}} and {{blank1}} to generate {{blank2}}.
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What is the main goal of identifying business opportunities?
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