Quiz

Quiz: Spotting Business Opportunities in Real Markets

WJEC Eduqas GCE A LEVEL in BUSINESS specification

11 Steps9 Questions

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Building on what you've learned about enterprise and SMEs, let's test your knowledge of spotting business opportunities in real markets!

Multiple ChoiceInteractive

Which of the following describes a business opportunity?

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Multi-SelectInteractive

Which of these are examples of spotting a business opportunity? (Select all that apply)

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Fill in the BlankInteractive

A {{blank0}} is someone who identifies and exploits business opportunities, often creating a new product or service.

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MatchingInteractive

Match the items on the left with their correct pairs on the right

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Math EquationInteractive

If a product costs £15 to make and is sold for £25, what is the profit per unit?

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Multiple ChoiceInteractive

Which of these is an example of a niche market?

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typedAnswer

Match the items on the left with their correct pairs on the right

Multiple ChoiceInteractive

What is the main purpose of market research?

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Multi-SelectInteractive

Which of the following are methods of primary market research? (Select all that apply)

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Fill in the BlankInteractive

A {{blank0}} is a small business often run by an individual or family, and is common in the UK economy.

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