Daily Practice

GCSE Business

28th November 2020

5 questions · GCSE · 503 questions in this band

1
The Dynamic Nature of Business: Spotting New Opportunities
Identify one source of change that can create new business opportunities.
2
Reasons Why New Businesses Fail
Give one reason poor market research increases the risk of a new business failing.
3
Risk and Reward in Business Enterprise
State one reason a franchise is generally considered lower risk than an independent start-up.
4
Why businesses need finance
What is the difference between start-up capital and working capital?
5
Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use if late-paying customers are causing its cash-flow problem.

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