Daily Practice

GCSE Business

22nd June 2025

5 questions · GCSE · 503 questions in this band

1
Choosing the Right Source of Finance for a Business Scenario
A start-up needs 200,000 pounds to buy premises it will use for the next 20 years. Is this a short-term or a long-term finance need? Explain.
2
Break-Even: The Effect of Changes in Price, Costs and Output
Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
3
Organisational structures and span of control
Give one advantage of a wide span of control.
4
Organisational Change: Delayering, Centralisation and Decentralisation
State one reason a business might delayer its structure.
5
Recruitment and selection
State the difference between recruitment and selection.

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