Business Unit 1 Part 1

Yusra is working on a project to enhance the performance of a delivery app. What is one way new technology can improve the app's service?u

• Make it more expensive

• Make it larger

• Make it faster

• Make it harder to use

Safiya noticed that her favorite clothing store started stocking more lightweight clothes as summer approached. What is a factor that can lead to changing consumer needs in this scenario?

• Changes in the weather

• Changes in fashion

• Changes in government

• Changes in language

What is the term for products designed to become obsolete quickly?

• Technological advancement

• Consumerism

• Planned obsolescence

• Market saturation

Abiha is studying the impact of changing technology on consumer products. Which of the following is NOT a result of changing technology?

• Products become safer

• Products become larger

• Products become cheaper

• Products become easier to use

Manna has successfully launched his startup and is experiencing one of the rewards of business success. What is it?

• Poor cash flow

• Personal satisfaction

• Financial loss

• Lack of security

When Monisha decided to start her own bakery, what was a potential risk she faced?

• Independence

• Profit

• Business failure

• Awards and recognition

Zainab is considering starting her own bakery. Which of the following is a financial risk she might face?

• Revenue exceeding costs

• Excellent products/services

• Loss of invested capital

• Freedom of working for oneself

What does independence mean for business owners like Rijwana?

• Guaranteed income

• Freedom of working for themselves

• Fall in sales revenue

• Personal belongings at risk

Samira is starting a new business and wants to minimize risks. How can she achieve this?

• By ignoring market trends

• By carrying out detailed market research

• By reducing product quality

• By avoiding financial planning

Aliza is considering starting a new business. What is one factor that makes her business riskier than others?

• Stable demand

• A large market

• Seasonal demand

• Low competition