Edexcel GCSE - Business 1.1 and 1.2
2026 With Questions And Answers
Written Correctly
Why new business ideas come about: - correct answer <<<<<100%answer✔✔● changes in
technology.
● changes in what consumers want.
● products and services becoming obsolete.
How new business ideas come about: - correct answer <<<<<100%answer✔✔● original ideas.
● adapting existing products/services/ideas.
The impact of risk and reward on business activity: - correct answer <<<<<100%answer✔✔● risk:
business failure, financial loss, lack of security.
● reward: business success, profit, independence.
The role of business enterprise and the purpose of business activity: - correct
answer <<<<<100%answer✔✔● to produce goods or services.
● to meet customer needs.
● to add value: convenience, branding, quality, design, unique
selling points.
The role of entrepreneurship: - correct answer <<<<<100%answer✔✔● an entrepreneur: organises
resources, makes business
decisions, takes risks.
2026 With Questions And Answers
Written Correctly
Why new business ideas come about: - correct answer <<<<<100%answer✔✔● changes in
technology.
● changes in what consumers want.
● products and services becoming obsolete.
How new business ideas come about: - correct answer <<<<<100%answer✔✔● original ideas.
● adapting existing products/services/ideas.
The impact of risk and reward on business activity: - correct answer <<<<<100%answer✔✔● risk:
business failure, financial loss, lack of security.
● reward: business success, profit, independence.
The role of business enterprise and the purpose of business activity: - correct
answer <<<<<100%answer✔✔● to produce goods or services.
● to meet customer needs.
● to add value: convenience, branding, quality, design, unique
selling points.
The role of entrepreneurship: - correct answer <<<<<100%answer✔✔● an entrepreneur: organises
resources, makes business
decisions, takes risks.
