Daily Practice

GCSE Business

5th May 2022

5 questions · GCSE · 503 questions in this band

1
Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
2
Growing the business
State the difference between organic and external growth.
3
Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
4
Business calculations: revenue, costs and profit
State the formula for total revenue.
5
The purpose of business and enterprise
A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.

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