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Match the definition on the left with the correct term on the right - Edexcel - GCSE Business - Question 19 - 2018 - Paper 1

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Question 19

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Match the definition on the left with the correct term on the right. The first one has been done for you. (i) A visual means of showing where a product is position... show full transcript

Worked Solution & Example Answer:Match the definition on the left with the correct term on the right - Edexcel - GCSE Business - Question 19 - 2018 - Paper 1

Step 1

(ii) Groups or individuals with an interest in the success of a business.

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H - Stakeholders

Step 2

(iii) Market research that has been collected by another business.

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Answer

D - Secondary research

Step 3

(iv) The quantity of a good or service that consumers want to purchase at a given price.

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Answer

I - Market demand

Step 4

(v) Solving problems using a creative approach.

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Answer

G - Lateral thinking

Step 5

(vi) The wants and desires of potential buyers of goods and services.

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Answer

C - Customer needs

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