BTEC Business Recap Comp 1-1
Authored by C Baillie
Business
9th - 11th Grade
Used 37+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The wants or requirements a customer has for goods or services.
Customer Needs
Unique Selling Point
Interest
Market Research
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of gathering information about customers - including what they want and need.
Focus Groups
Unique Selling Point
Interest
Market Research
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Another word for the amount of goods an enterprise has immediately available for sale
Stock
Features
Tastes
Interest
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When an enterprise identifies an idea that no other business is offering but for which there is likely to be a demand.
Gap in the Market
Unique Selling Point
Independent
Innovative
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The tangible items an enterprise will need.
Physical Resources
Financial Resources
Human Resources
Business Plan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The name for a presentation given by an entrepreneur about their business idea to a potential investor.
Target Market
Pitch
Business Plan
Skills Audit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The skill and behaviours expected of someone who is a professional.
Practical
Professionalism
Risk Averse
Leadership
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