Daily Practice

GCSE Business

13th December 2020

5 questions · GCSE · 503 questions in this band

1
Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
2
Why businesses need finance
Why might a profitable business still need extra finance?
3
Cash-Flow Problems: Causes, Consequences and Solutions
Why can a profitable business still become insolvent?
4
Cash Versus Profit and the Importance of Working Capital
Explain, in one sentence, how a profitable business could still run out of cash.
5
Calculating Gross Profit Margin and Net Profit Margin
A business has revenue of 90,000 pounds and net profit of 18,000 pounds. Calculate its net profit margin.

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