Daily Practice
GCSE Business
- 1The Dynamic Nature of Business: Spotting New Opportunities
Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 2Reasons Why New Businesses Fail
Identify the term for a business having too little start-up finance to survive its early months.
- 3Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 4Why businesses need finance
A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
- 5Cash-Flow Problems: Causes, Consequences and Solutions
What is overtrading?
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