Lesson 1.1.1a
1.1.1a Changing technology, changing consumer wants and obsolescence Quiz: Pearson Edexcel Business, Unit 1
20 questions
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Lesson 1.1.1a, Changing technology, changing consumer wants and obsolescence: 20 multiple choice questions for the Pearson Edexcel GCSE Business (1BS0), Unit 1: Enterprise and entrepreneurship, written with Revision Ninja.
Host it live on the board and students join with a game code on their own devices, or revise alone with Free Play. The answers are revealed in the game.
The 20 questions
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Which technological change often creates a new business opportunity for entertainment firms?
- Wired telephony
- Paper printing
- Video streaming
- Manual filing
-
What term describes a product that is no longer used because something newer replaced it?
- Obsolete
- Inflated
- Liquidated
- Bankrupt
-
Customers increasingly asking a bakery for gluten-free bread shows which market shift?
- Corporation tax
- Interest rates
- Exchange rates
- Consumer wants
-
Which business action best responds directly to changing consumer wants?
- Relocating the factory
- Increasing product prices
- Adding gluten-free options
- Reducing staff numbers
-
What is a product called when a newer version replaces it and demand falls?
- Veblen good
- Inferior good
- Gilt-edged security
- Obsolete product
-
Sales of paper maps falling because drivers use phone satellite navigation is caused by what?
- Higher inflation
- Technology change
- Lower taxation
- Increased wages
-
What should a toy firm do first when digital tablets replace traditional board games?
- Increase advertising spend
- Decrease employee wages
- Develop new products
- Sell fixed assets
-
Which item is most likely to become obsolete due to digital technology?
- Cassette player
- Steel girder
- Glass bottle
- Wooden chair
-
Why should a business spot product obsolescence early?
- Plan product replacements
- Pay higher dividends
- Increase loan capital
- Reduce staff holidays
-
A firm shifting advertising online because customers use smartphones reflects which change?
- Legal reform
- Tax increase
- Technology change
- Economic boom
-
Which action shows a hotel responding to new technology?
- Printed brochures
- Postal reservation forms
- Telephone switchboard
- Online booking system
-
What phrase describes how business environments keep changing over time?
- Dynamic business
- Static economy
- Constant trade
- Fixed market
-
What should a bookshop owner do first when e-book sales start reducing footfall?
- Ignore the trend
- Research customer wants
- Liquidate the firm
- Reduce opening hours
-
Which item often becomes obsolete because of shifting fashion and consumer tastes?
- Copper wire
- Standard bricks
- Plain flour
- Flared trousers
-
What is the main effect of product obsolescence on a single-product firm's sales?
- Sales will fall
- Costs will vanish
- Sales will double
- Profits will triple
-
What causes a product to become obsolete when consumer needs shift?
- Technological advance
- Higher inflation
- Increased wages
- Lower taxation
-
What makes business planning difficult in fast-moving markets?
- Constant costs
- Fixed prices
- Stable demand
- Unreliable forecasts
-
What technological change often makes traditional fax orders redundant?
- Online ordering
- Postal delivery
- Paper invoicing
- Landline phones
-
What is the main risk if a business ignores changing consumer wants?
- Rising output
- Lower costs
- Higher profits
- Falling sales
-
Which primary factor drives the creation of internet-connected smart devices?
- Manual production
- Static demand
- Changing technology
- Fixed pricing
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