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1.1 Enterprise and entrepreneurship

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Question 5

Which statement best distinguishes adapting an existing idea from simply copying it?

[1]
A

Adaptation changes an existing idea to meet needs differently or more effectively

B

Adaptation requires the entrepreneur to reproduce every feature without alteration

C

Copying always creates a unique selling point that customers will value

D

Copying removes the risk of business failure because demand is already proven

Markscheme

1.1 Enterprise and entrepreneurship Questions

  1. GCSE
  2. /Business
  3. /1.1 Enterprise and entrepreneurship

37 exam-style questions on Edexcel GCSE Business 1.1 Enterprise and entrepreneurship, covering 1.1.1a Why new business ideas come about: technology and consumers, 1.1.1b Why new business ideas come about: obsolescence, 1.1.1c How new business ideas come about, 1.1.2a Risk in business activity, 1.1.2b Reward in business activity, 1.1.3a The role and purpose of business activity, 1.1.3b Adding value, and 1.1.3c The role of entrepreneurship. Each one has a worked solution and a mark scheme showing where the marks go.

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