Daily Practice

GCSE Business

12th November 2018

5 questions · GCSE · 503 questions in this band

1
Growing the business
Give one example of an economy of scale.
2
Economic climate and business
Give one reason an entrepreneur might delay launching a new business during an economic downturn.
3
Business calculations: revenue, costs and profit
Identify whether rent is a fixed cost or a variable cost.
4
The purpose of business and enterprise
Explain why most private sector businesses aim to make a profit.
5
The Role of the Entrepreneur and Generating Business Ideas
State one way an entrepreneur could generate a business idea without inventing something completely new.

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