20 Match the definition on the left with the correct term on the right - Edexcel - GCSE Business - Question 20 - 2018 - Paper 1
Question 20
20 Match the definition on the left with the correct term on the right.
The first one has been done for you.
Definition
(i) A visual means of showing where a prod... show full transcript
Worked Solution & Example Answer:20 Match the definition on the left with the correct term on the right - Edexcel - GCSE Business - Question 20 - 2018 - Paper 1
Step 1
(i) A visual means of showing where a product is positioned in the market.
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Answer
E Market map
Step 2
(ii) Groups or individuals with an interest in the success of a business.
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Answer
H Stakeholders
Step 3
(iii) Market research that has been collected by another business.
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Answer
D Secondary research
Step 4
(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 5
(v) Solving problems using a creative approach.
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Answer
G Lateral thinking
Step 6
(vi) The wants and desires of potential buyers of goods and services.
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