Daily Practice

GCSE Business

16th September 2022

5 questions · GCSE · 503 questions in this band

1
The Dynamic Nature of Business: Spotting New Opportunities
State the difference between invention and innovation.
2
Reasons Why New Businesses Fail
State one action a new business owner could take to reduce the risk of cash-flow problems.
3
Risk and Reward in Business Enterprise
Define reward in the context of enterprise.
4
Why businesses need finance
A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
5
Cash-Flow Problems: Causes, Consequences and Solutions
What is overtrading?

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