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Quiz: Spotting Business Opportunities in Real Markets
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about enterprise, SMEs, and identifying needs and wants, let's test your understanding of spotting business opportunities in real markets!
Which of the following best defines a niche market?
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Which of the following factors can help identify a business opportunity? (Select all that apply)
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Spotting opportunities involves identifying gaps in the {{blank0}} and understanding customer {{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 primary market research?
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Which of the following are examples of market research methods? (Select all that apply)
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A {{blank0}} is created when a business identifies and meets a demand in the market that is currently {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Why is spotting business opportunities important for entrepreneurs?
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