Daily Practice

GCSE Business

7th March 2025

5 questions · GCSE · 503 questions in this band

1
Economic climate and business
Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
2
Business calculations: revenue, costs and profit
A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
3
The purpose of business and enterprise
What term describes the process of identifying a gap in the market and taking the risk to fill it?
4
The Role of the Entrepreneur and Generating Business Ideas
Explain why determination matters when starting a new business.
5
Adding Value in Business
Give an example of a UK business that adds value through branding.

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