Daily Practice

GCSE Business

18th August 2010

5 questions · GCSE · 503 questions in this band

1
The dynamic nature of business
State one type of external change that can affect how a business operates.
2
Business ownership
State what a franchisee pays a franchisor for.
3
Growing the business
Identify which type of growth, organic or external, a merger is an example of.
4
Economic climate and business
State one way a business might respond to falling consumer spending during a recession.
5
Business calculations: revenue, costs and profit
A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.

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