Edexcel Business Theme 1
Authored by Jade Fretwell
Business
8th - 10th Grade
Used 674+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is an example of a consumer ‘want’?
Warmth
Shelter
Makeup
Food
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which two of the following are examples of the rewards of business
Risk of financial loss
Lack of security
Personal Wealth
Independence
Personal Debt
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which two of the following are examples of the roles of an entrepreneur?
Organising resources
Producing goods or services
Meeting customer needs
Making business decisions
Offering customer convenience
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is an example of a product
Spotify
Drake Concert
Apple Air pods
Business Lesson
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which two of the following are examples of reasons for business failure
Lack of security
Failing to respond to market conditions
Taking a calculated risk
Selling online
Lack of demand for the product or service
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following is an example of market segmentation?
Interview
Questionnaire
Income
Observation
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which two of the following are examples of primary market research?
Market Report
Interview
Internet
Focus Group
Government Statistics
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