Daily Practice

GCSE Business

28th November 2023

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
Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
5
Cash-Flow Problems: Causes, Consequences and Solutions
Give one consequence a business could face if it runs out of cash to pay its suppliers.

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