Daily Practice

GCSE Business

27th December 2020

5 questions · GCSE · 503 questions in this band

1
Business planning
Give one piece of information a bank would want to see in a business plan before agreeing a loan.
2
The Dynamic Nature of Business: Spotting New Opportunities
Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
3
Reasons Why New Businesses Fail
State one internal cause of new business failure.
4
Risk and Reward in Business Enterprise
Explain the general relationship between risk and potential reward in business.
5
Why businesses need finance
Give one example of a start-up cost for a new hairdressing salon.

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