Quiz: Why New Business Ideas Happen - Products and Services Becoming Obsolete
Pearson Edexcel Level 1/Level 2 GCSE (9-1) in Business (1BS0)
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Let's test your understanding of why new business ideas happen, focusing on how products and services can become obsolete!
What does it mean when a product becomes obsolete?
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Which of the following reasons can cause a product to become obsolete? (Select all that apply)
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Products like {{blank0}} have become obsolete due to the popularity of {{blank1}} devices.
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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 NOT an example of a product becoming obsolete?
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If a business sells 100 units of an outdated product for £20 each, what is the total revenue?
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When a product becomes {{blank0}}, it often stops being {{blank1}} because new alternatives emerge.
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Match the items on the left with their correct pairs on the right
Which of these is an example of a service becoming obsolete?
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Which of the following industries have faced product obsolescence? (Select all that apply)
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