Daily Practice

GCSE Business

19th November 2024

5 questions · GCSE · 503 questions in this band

1
The competitive environment
Explain why a business's market share could fall even if its own sales revenue is rising.
2
E-commerce and Digital Marketing for Business
State one benefit of e-commerce over selling in a physical shop.
3
Interest Rates, Inflation and Unemployment: Effects on Business
Explain one effect of a rise in interest rates on a business with a variable-rate loan.
4
Exchange Rate Fluctuations and Business Competitiveness
Using the same order, if the pound then depreciates to 1 pound = 1.00 euro, calculate the new cost in pounds and state whether the importer is better or worse off.
5
Market research and segmentation
Is '45% of customers said they would buy the product' quantitative or qualitative data?

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