Daily Practice

GCSE Business

6th June 2020

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
Give one reason poor market research increases the risk of a new business failing.
2
Risk and Reward in Business Enterprise
State one reason a franchise is generally considered lower risk than an independent start-up.
3
Why businesses need finance
Give one example of a start-up cost for a new hairdressing salon.
4
Cash-Flow Problems: Causes, Consequences and Solutions
What is meant by a 'cash-flow problem'?
5
Cash Versus Profit and the Importance of Working Capital
Give one way a business could improve its working capital.

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