Daily Practice

GCSE Business

22nd February 2019

5 questions · GCSE · 503 questions in this band

1
Business ownership
Explain why a growing business might change from being a sole trader to a private limited company.
2
Growing the business
Define overtrading.
3
Economic climate and business
Identify what typically happens to unemployment during a recession.
4
Business calculations: revenue, costs and profit
Identify whether rent is a fixed cost or a variable cost.
5
The purpose of business and enterprise
Explain why most private sector businesses aim to make a profit.

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