Daily Practice
GCSE Business
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9th March 2024
- 1Business planning
Explain why a business plan is not a guarantee of success.
- 2The Dynamic Nature of Business: Spotting New Opportunities
Define what is meant by the dynamic nature of the business environment.
- 3Reasons Why New Businesses Fail
State one external cause of new business failure.
- 4Risk and Reward in Business Enterprise
State one non-financial reward an entrepreneur might gain from running their own business.
- 5Why businesses need finance
Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
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