Daily Practice

GCSE Business

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3rd July 2024

5 questions · GCSE · 503 questions in this band

  1. 1
    Business ownership structures

    Explain the difference between limited and unlimited liability in one sentence.

  2. 2
    Business aims and objectives

    What does the M stand for in a SMART objective?

  3. 3
    Stakeholders and their conflicting interests

    Identify whether shareholders are internal or external stakeholders.

  4. 4
    Business location decisions

    State one cost that is usually higher for premises in a town or city centre than on the edge of town.

  5. 5
    Business planning

    Identify one external stakeholder who might ask to see a business plan before providing finance.

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