Quiz

Quiz: Spotting Business Opportunities in Real Markets

WJEC Eduqas GCE A LEVEL in BUSINESS specification

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Steps in this lesson (11)

1
Text

Building on what you've learned about enterprise, SMEs, and identifying needs and wants, this quiz will test your ability to spot business opportunities in real markets!

2
Multiple ChoiceInteractive

Which of the following best defines a market?

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3
Multi-SelectInteractive

Which of the following factors help identify business opportunities? (Select all that apply)

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4
Fill in the BlankInteractive

Spotting business opportunities involves identifying gaps in the {{blank0}} and addressing unmet {{blank1}}.

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5
MatchingInteractive

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

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6
Math EquationInteractive

If a company sells 500 units of a product at £20 each, what is the total revenue?

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7
Fill in the BlankInteractive

A business that focuses on selling to a small, specialised group of customers is targeting a {{blank0}} market.

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8
Multiple ChoiceInteractive

What does the term 'demand' refer to in a market?

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9
MatchingInteractive

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

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10
typedAnswer

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

11
Multiple ChoiceInteractive

Which of the following is an example of a business opportunity?

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