Daily Practice

GCSE Business

25th March 2020

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
Identify the term for a business having too little start-up finance to survive its early months.
2
Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
3
Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
4
Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
5
Cash Versus Profit and the Importance of Working Capital
What is the key difference between cash and profit?

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