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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Welcome! Today, we'll test your understanding of why new business ideas happen, focusing on products and services becoming obsolete. You've already learned about changes in technology and consumer wants—let's build on that!
What does it mean when a product becomes obsolete?
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Which of the following factors could make a product or service obsolete? (Select all that apply)
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Products or services become obsolete when they no longer meet customer {{blank0}}, or are replaced by newer {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A company produces 200 units of a product. 50 units are unsold because they became outdated. What percentage of the total products are unsold?
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Which of the following is an example of a product becoming obsolete?
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Which of the following businesses might be affected by products becoming obsolete? (Select all that apply)
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A product can become obsolete when it is replaced by a more {{blank0}} or more {{blank1}} alternative.
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Match the items on the left with their correct pairs on the right
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