1. What is an example of a Niche Market?
- Soya Milk
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2. Why must a business adapt to change?
- They will lose market share and could potentially collapse
- They will lose their Market Growth
- They will lose staff
- They will lose credibility
3. Technological development such as supermarkets offering click and collect in London Tube Stations is a form of Market Growth, but which form?
4. What is Volume?
- The quantity produced and sold
- The amount of product sold
- The amount of product produced
- The amount of stock within a business
5. Who believed that the welfare of staff was one of the most important aspects in a business?
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