Daily Practice

GCSE Business

23rd May 2019

5 questions · GCSE · 503 questions in this band

1
Business planning
Explain why a business plan is not a guarantee of success.
2
The Dynamic Nature of Business: Spotting New Opportunities
Define what is meant by the dynamic nature of the business environment.
3
Reasons Why New Businesses Fail
State one external cause of new business failure.
4
Risk and Reward in Business Enterprise
State one non-financial reward an entrepreneur might gain from running their own business.
5
Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?

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