Daily Practice
GCSE Business
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8th February 2025
- 1The Dynamic Nature of Business: Spotting New Opportunities
State the difference between invention and innovation.
- 2Reasons Why New Businesses Fail
State one action a new business owner could take to reduce the risk of cash-flow problems.
- 3Risk and Reward in Business Enterprise
Define reward in the context of enterprise.
- 4Why businesses need finance
What is the difference between start-up capital and working capital?
- 5Cash-Flow Problems: Causes, Consequences and Solutions
Give one solution a business could use if late-paying customers are causing its cash-flow problem.
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