Daily Practice

GCSE Business

21st May 2021

5 questions · GCSE · 503 questions in this band

1
Understanding and Meeting Customer Needs
Give one disadvantage of relying only on secondary market research.
2
Business ownership structures
State the ownership structure that has one owner and unlimited liability.
3
Business aims and objectives
Give one reason a well-established plc might prioritise profit maximisation over survival.
4
Stakeholders and their conflicting interests
State one interest a supplier has in the businesses it supplies.
5
Business location decisions
State one cost that is usually higher for premises in a town or city centre than on the edge of town.

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