Daily Practice
GCSE Business
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21st March 2025
- 1The dynamic nature of business
Give an example of a change in technology that has affected how many UK retailers operate.
- 2Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 3Growing the business
State the difference between organic and external growth.
- 4Economic climate and business
Give one way rising consumer confidence in a boom might affect a business's decisions.
- 5Business calculations: revenue, costs and profit
Explain the two ways a business can increase its profit.
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