Daily Practice

GCSE Business

16th September 2021

5 questions · GCSE · 503 questions in this band

1
The Dynamic Nature of Business: Spotting New Opportunities
Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
2
Reasons Why New Businesses Fail
State one internal cause of new business failure.
3
Risk and Reward in Business Enterprise
Explain the general relationship between risk and potential reward in business.
4
Why businesses need finance
State one reason an established business, not a start-up, might need finance.
5
Cash-Flow Problems: Causes, Consequences and Solutions
State one drawback of using an overdraft to solve a cash-flow problem.

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