Daily Practice

GCSE Business

7th May 2022

5 questions · GCSE · 503 questions in this band

1
Stakeholders and their conflicting interests
Give one interest the government has as a stakeholder in a business.
2
Business location decisions
State one cost that is usually higher for premises in a town or city centre than on the edge of town.
3
Business planning
Identify one external stakeholder who might ask to see a business plan before providing finance.
4
The Dynamic Nature of Business: Spotting New Opportunities
Identify one source of change that can create new business opportunities.
5
Reasons Why New Businesses Fail
Give one reason poor market research increases the risk of a new business failing.

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