Daily Practice

GCSE Business

24th December 2024

5 questions · GCSE · 503 questions in this band

1
Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
2
Business calculations: revenue, costs and profit
Identify whether the cost of raw materials is a fixed cost or a variable cost.
3
The purpose of business and enterprise
State one reason why entrepreneurs take on risk when starting a business.
4
The Role of the Entrepreneur and Generating Business Ideas
Identify one source of new business ideas, other than spotting a gap in the market.
5
Adding Value in Business
Identify why adding value can be more attractive to a business than competing purely on low price.

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