Daily Practice

GCSE Business

24th November 2024

5 questions · GCSE · 503 questions in this band

1
The Importance of Quality and Identifying Quality Problems
Explain why external failure usually costs more per unit than internal failure.
2
The dynamic nature of business
Give one example of a business adapting successfully to a change in its external environment.
3
Business ownership
Explain why a growing business might change from being a sole trader to a private limited company.
4
Growing the business
Define overtrading.
5
Economic climate and business
Identify what typically happens to unemployment during a recession.

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