Daily Practice
GCSE Business
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10th March 2022
- 1Business planning
Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 2The 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.
- 3Reasons Why New Businesses Fail
State one internal cause of new business failure.
- 4Risk and Reward in Business Enterprise
Explain the general relationship between risk and potential reward in business.
- 5Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
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