Daily Practice

GCSE Business

3rd June 2020

5 questions · GCSE · 503 questions in this band

1
The dynamic nature of business
Give an example of a change in technology that has affected how many UK retailers operate.
2
Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
3
Growing the business
State the difference between organic and external growth.
4
Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
5
Business calculations: revenue, costs and profit
A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.

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