UNIT 1 : THE BUSINESS ENVIRONMENT - Study guides, Class notes & Summaries
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UNIT 1 : THE BUSINESS ENVIRONMENT Question and answers correctly solved 2026 

UNIT 1 : THE BUSINESS ENVIRONMENT Question and answers correctly solved 2026 
 
BUSINESS ACTIVITIES - correct answer Tasks completed by a business to achieve its objectives, e.g. buying, selling and producing products or services. 
 
RETAIL CUSTOMERS - correct answer Customers who buy finished products, e.g. frozen peas from a supermarket. 
 
BUSINESS CUSTOMERS - correct answer Businesses that purchase products or services from another business. 
 
UNLIMITED LIABILITY - correct answer Wh...