Daily Practice

GCSE Business

6th June 2021

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
Identify the term for a business having too little start-up finance to survive its early months.
2
Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
3
Why businesses need finance
State one reason an established business, not a start-up, might need finance.
4
Cash-Flow Problems: Causes, Consequences and Solutions
State one drawback of using an overdraft to solve a cash-flow problem.
5
Cash Versus Profit and the Importance of Working Capital
A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.

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