Daily Practice

GCSE Business

18th August 2021

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
Give one reason poor market research increases the risk of a new business failing.
2
Risk and Reward in Business Enterprise
State one reason a franchise is generally considered lower risk than an independent start-up.
3
Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
4
Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
5
Cash Versus Profit and the Importance of Working Capital
What is the key difference between cash and profit?

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