Daily Practice

GCSE Business

3rd August 2018

5 questions · GCSE · 503 questions in this band

1
Understanding and Meeting Customer Needs
State the difference between primary and secondary market research.
2
Business ownership structures
State the ownership structure that has one owner and unlimited liability.
3
Business aims and objectives
Give one reason a well-established plc might prioritise profit maximisation over survival.
4
Stakeholders and their conflicting interests
State one interest a supplier has in the businesses it supplies.
5
Business location decisions
Identify which location factor matters most to a business that relies heavily on passing trade.

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