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1.1 Enterprise and entrepreneurship

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Question 6
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What does it mean when a product becomes obsolete?

[1]
A

Its selling price is temporarily reduced

B

It is sold through a different retailer

C

It is no longer wanted or useful

D

Its brand name becomes more recognisable

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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