Daily Practice

GCSE Business

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20th February 2025

5 questions · GCSE · 503 questions in this band

  1. 1
    Business ownership

    Explain why a growing business might change from being a sole trader to a private limited company.

  2. 2
    Growing the business

    Define overtrading.

  3. 3
    Economic climate and business

    Identify what typically happens to unemployment during a recession.

  4. 4
    Business calculations: revenue, costs and profit

    State the formula for total revenue.

  5. 5
    The purpose of business and enterprise

    A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.

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