Daily Practice

GCSE Business

13th September 2024

5 questions · GCSE · 503 questions in this band

1
Business calculations: revenue, costs and profit
Identify whether the cost of raw materials is a fixed cost or a variable cost.
2
The purpose of business and enterprise
State one reason why entrepreneurs take on risk when starting a business.
3
The Role of the Entrepreneur and Generating Business Ideas
Explain why determination matters when starting a new business.
4
Adding Value in Business
Give an example of a UK business that adds value through branding.
5
Understanding and Meeting Customer Needs
Define market segmentation.

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