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Daily Practice

GCSE Business

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8th February 2021

5 questions · GCSE · 503 questions in this band

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  1. 1
    Business ownership structures

    State the ownership structure that has one owner and unlimited liability.

  2. 2
    Business aims and objectives

    Give one reason a well-established plc might prioritise profit maximisation over survival.

  3. 3
    Stakeholders and their conflicting interests

    State one interest a supplier has in the businesses it supplies.

  4. 4
    Business location decisions

    Give one reason a manufacturer might locate close to its raw material supplier.

  5. 5
    Business planning

    Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.

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