Daily Practice

GCSE Business

27th January 2025

5 questions · GCSE · 503 questions in this band

1
Choosing the Right Source of Finance for a Business Scenario
Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
2
Break-Even: The Effect of Changes in Price, Costs and Output
If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
3
Organisational structures and span of control
A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
4
Organisational Change: Delayering, Centralisation and Decentralisation
State what delayering means.
5
Recruitment and selection
Give one advantage of internal recruitment.

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