Daily Practice

GCSE Business

26th November 2022

5 questions · GCSE · 503 questions in this band

1
Business calculations: revenue, costs and profit
State the formula for total revenue.
2
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.
3
The Role of the Entrepreneur and Generating Business Ideas
Define entrepreneur.
4
Adding Value in Business
Define adding value in a business context.
5
Understanding and Meeting Customer Needs
State the difference between primary and secondary market research.

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