Daily Practice

GCSE Business

5th June 2024

5 questions · GCSE · 503 questions in this band

1
Reasons Why New Businesses Fail
State one external cause of new business failure.
2
Risk and Reward in Business Enterprise
State one non-financial reward an entrepreneur might gain from running their own business.
3
Why businesses need finance
What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
4
Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
5
Cash Versus Profit and the Importance of Working Capital
What is the key difference between cash and profit?

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