Business GCSE
Market opportunity and personal circumstance
What Market opportunity and personal circumstance means in Business GCSE, as defined for AQA.
Definition of Market opportunity and personal circumstance
Check what you remember
Read the wording for your board, then hide it and explain Market opportunity and personal circumstance in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Reasons for starting a business linked to spotting a gap in the market or unmet customer needs, or to redundancy, unemployment or wanting a better work-life balance.
Topics that use Market opportunity and personal circumstance
- The purpose and nature of businesses (AQA GCSE)
Related terms
- Adaptation and change
- Added value
- Adding value through transformation
- Business functions
- Business growth and structure
- Business size and scale
- Business survival and growth
- Capital
Using Market opportunity and personal circumstance in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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