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The purpose and nature of businesses answer explanations

Review worked answers and explanations for The purpose and nature of businesses. Questions are built from approved learning objectives for AQA GCSE Business.

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Question 1

CycleNest serves price-sensitive customers while using retained profit; the case evidence includes break-even output of ?1,919, sales of 299 units, and a 36% change in costs or demand. Which option best applies Explain what a business is and why businesses may start, including producing goods, supplying services, distributing products, fulfilling opportunities and benefiting others?