Daily Practice
GCSE Business
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9th February 2022
- 1The Dynamic Nature of Business: Spotting New Opportunities
Identify one source of change that can create new business opportunities.
- 2Reasons Why New Businesses Fail
Give one reason poor market research increases the risk of a new business failing.
- 3Risk and Reward in Business Enterprise
State one reason a franchise is generally considered lower risk than an independent start-up.
- 4Why businesses need finance
Give one example of a start-up cost for a new hairdressing salon.
- 5Cash-Flow Problems: Causes, Consequences and Solutions
What is meant by a 'cash-flow problem'?
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