Quiz: Why New Business Ideas Happen - Changes in Consumer Wants
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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Welcome! Building on what you've learned about changes in technology, let's explore why new business ideas arise from changes in what consumers want.
Which of the following is a reason why new business ideas arise?
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Which of the following might signal changes in what consumers want? (Select all that apply)
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Consumers may want more {{blank0}} products due to growing environmental concerns.
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Match the items on the left with their correct pairs on the right
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What is a Unique Selling Point (USP)?
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Match the items on the left with their correct pairs on the right
If a business sells 500 units of a new eco-friendly product for £20 each, what is the total revenue?
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A {{blank0}} product is one that meets specific needs, such as affordability or style.
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What are some ways businesses adapt to changing consumer wants? (Select all that apply)
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Which factor might drive consumers to want healthier food options?
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