Daily Practice

GCSE Business

27th September 2024

5 questions · GCSE · 503 questions in this band

1
Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
2
Growing the business
State the difference between organic and external growth.
3
Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
4
Business calculations: revenue, costs and profit
Identify whether rent is a fixed cost or a variable cost.
5
The purpose of business and enterprise
Explain why most private sector businesses aim to make a profit.

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