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Edexcel GCSE Business Studies Study Guide Exam Correctly Solved 2024.

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Stakeholders - Answer Individuals or groups of individuals who affect or are affected by a business Give 8 examples of stakeholders - Answer 1. Government 2. Owner 3. Employees 4. Financiers 5. Community 6. Costumers 7. Managers 8. Suppliers Consumer Goods - Answer Goods and services that are produced for consumers Producer Goods - Answer Goods or products sold from one business to another Needs - Answer Essentials needed for human survivial Wants - Answer Luxury items that are desired but not required What are objectives that businesses have? - Answer 1. Survival 2. Image 3. Growth 4. Profit 5. Market Share

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