Quiz: Why New Business Ideas Happen: Changes in Technology
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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Welcome to this quiz on why new business ideas happen due to changes in technology. Test your knowledge with 10 questions!
What does technological change often lead to in business?
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Which of the following are examples of how technology drives new business ideas? (Select all that apply)
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Technological changes often result in {{blank0}} products and services, requiring businesses to {{blank1}} to stay competitive.
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Match the items on the left with their correct pairs on the right
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Which of these is an example of technological change creating a new business opportunity?
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What are the possible impacts of technology on customer behaviour? (Select all that apply)
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Advancements in technology have enabled businesses to use {{blank0}} to reach customers more effectively and use {{blank1}} to accept payments online.
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A business invests £10,000 in developing a new app due to a technological opportunity. They expect to make £25,000 in revenue from it. What is their expected profit?
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What is one effect of rapid technological change on businesses?
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