Daily Practice

GCSE Business

2nd July 2020

5 questions · GCSE · 503 questions in this band

1
The Importance of Quality and Identifying Quality Problems
A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
2
The dynamic nature of business
State one reason a change in consumer tastes might force a food business to change its menu.
3
Business ownership
Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
4
Growing the business
State one risk specific to growth through a merger or takeover, other than cost.
5
Economic climate and business
State the three stages of the economic, or business, cycle referred to in this topic.

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