Daily Practice
GCSE Business
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15th October 2020
- 1Business planning
State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 2The Dynamic Nature of Business: Spotting New Opportunities
State the difference between invention and innovation.
- 3Reasons Why New Businesses Fail
State one action a new business owner could take to reduce the risk of cash-flow problems.
- 4Risk and Reward in Business Enterprise
Define reward in the context of enterprise.
- 5Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
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Any date always gives the same five questions, so a sheet can be set again or shared. All of October 2020, including the monthly compilation PDF.