Daily Practice
GCSE Business
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30th August 2020
- 1Growing the business
State the difference between organic and external growth.
- 2Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
- 3Business calculations: revenue, costs and profit
State the formula for total revenue.
- 4The purpose of business and enterprise
A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.
- 5The Role of the Entrepreneur and Generating Business Ideas
Identify one source of new business ideas, other than spotting a gap in the market.
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Any date always gives the same five questions, so a sheet can be set again or shared. All of August 2020, including the monthly compilation PDF.