business 0.0 / 5 ? Business StudiesSpotting A Business OpportunityGCSEEdexcel Created by: cbedfordCreated on: 11-04-17 15:59 What is a business? A business is any organisation that makes goods and services 1 of 6 What is a market? A market is any place where buyers and sellers meet to trade products 2 of 6 What is a business oppertunity? Th chance to set up a new firm or launch a new product 3 of 6 What is a entrepreneur? Is a risk taking individual who organises and manages a business activity 4 of 6 How can a new business succeed? Successful start-up firms launch new, betteror cheaper products then rivals 5 of 6 What is market research? Is the process of finding information about potential customers, markets and products 6 of 6
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