Daily Practice

GCSE Business

11th December 2024

5 questions · GCSE · 503 questions in this band

1
Stakeholders and their conflicting interests
Define the term stakeholder.
2
Business location decisions
Give one reason a manufacturer might locate close to its raw material supplier.
3
Business planning
Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
4
The Dynamic Nature of Business: Spotting New Opportunities
Explain why spotting a trend early can benefit an entrepreneur.
5
Reasons Why New Businesses Fail
Explain why a profitable business can still fail.

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