Daily Practice

GCSE Business

23rd April 2021

5 questions · GCSE · 503 questions in this band

1
The Dynamic Nature of Business: Spotting New Opportunities
Define what is meant by the dynamic nature of the business environment.
2
Reasons Why New Businesses Fail
State one external cause of new business failure.
3
Risk and Reward in Business Enterprise
State one non-financial reward an entrepreneur might gain from running their own business.
4
Why businesses need finance
A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
5
Cash-Flow Problems: Causes, Consequences and Solutions
What is overtrading?

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