Quiz: Why People Start a Business: Spotting Opportunities
AQA GCSE Business 8132
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Building on what you've learned about why businesses exist, let's test your knowledge of why people start a business and how they spot opportunities!
Which of the following is a common reason for starting a business?
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Which of the following are motivations for entrepreneurs? (Select all that apply)
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Spotting a {{blank0}} in the market means identifying a need or want that is not currently being met.
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Match the items on the left with their correct pairs on the right
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What is a key trait that helps entrepreneurs spot opportunities?
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If a business spends £2,000 on materials and £1,500 on labour to produce products worth £5,000, what is the profit?
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A business that focuses on satisfying {{blank0}} is more likely to attract loyal customers.
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Which of these is an example of spotting an opportunity?
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Match the items on the left with their correct pairs on the right
What are common ways entrepreneurs spot opportunities? (Select all that apply)
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