Daily Practice

GCSE Business

30th October 2023

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
Identify the term for a business having too little start-up finance to survive its early months.
2
Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
3
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.
4
Cash-Flow Problems: Causes, Consequences and Solutions
What is overtrading?
5
Cash Versus Profit and the Importance of Working Capital
Give one example of a current asset and one example of a current liability.

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