Unit 1 Developing New Business Ideas

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Summary  Unit 1 - Developing New Business Ideas market position
  • Summary Unit 1 - Developing New Business Ideas market position

  • Summary • 4 pages • 2023
  • a) Market mapping b) Competitive advantage of a product or service c) Thepurposeofproductdifferentiation d) Adding value to products/services
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Summary  Unit 1 - Developing New Business Ideas market research
  • Summary Unit 1 - Developing New Business Ideas market research

  • Summary • 6 pages • 2023
  • a) Product and market orientation b) Primary and secondary market research data (quantitative and qualitative) used to: o identify and anticipate customer needs and wants o quantify likely demand o gaininsightintoconsumerbehaviour c) Limitationsofmarketresearch,samplesizeandbias d) Use of ICT to support market research: o websites o social networking o databases e) Market segmentation
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Summary Unit 1 - Developing New Business Ideas the market
  • Summary Unit 1 - Developing New Business Ideas the market

  • Summary • 5 pages • 2023
  • a) Mass markets and niche markets: o characteristics -market size and market share, brands b) Dynamic markets: - online retailing -how markets change - innovation and market growth, adapting to change c) How competition affects the market d) The difference between risk and uncertainty
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Unit 1 Economics full notes and in depth analysis
  • Unit 1 Economics full notes and in depth analysis

  • Class notes • 27 pages • 2023
  • A in-depth analysis of all theme 1 content and all key cards/revision notes provided. This document is designed to help you do well in your theme 1 economics (introduction to markets and the economic problem ) by using my personal notes and detailed examples.
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1.1.1 The market
  • 1.1.1 The market

  • Summary • 0 pages • 2022
  • A beautiful handwritten mindmap which explores the many concepts of the chosen topic including definitions, examples as well as pros and cons.
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1.1.1 the market
  • 1.1.1 the market

  • Summary • 0 pages • 2022
  • A quick but in depth summary of this module. A handwritten beautiful mindmap to clearly show the many aspects of the business. I’m
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unit 1 A3
  • unit 1 A3

  • Summary • 3 pages • 2022
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unit 1 A2
  • unit 1 A2

  • Summary • 11 pages • 2022
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level 3 business unit 1 A1/A2/A3
  • level 3 business unit 1 A1/A2/A3

  • Summary • 21 pages • 2022
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