Daily Practice

GCSE Business

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6th February 2026

5 questions · GCSE · 503 questions in this band

  1. 1
    Business calculations: revenue, costs and profit

    Identify whether the cost of raw materials is a fixed cost or a variable cost.

  2. 2
    The purpose of business and enterprise

    State one reason why entrepreneurs take on risk when starting a business.

  3. 3
    The Role of the Entrepreneur and Generating Business Ideas

    Give one reason creativity is a valuable quality for an entrepreneur.

  4. 4
    Adding Value in Business

    State one method a business can use to add value to its product.

  5. 5
    Understanding and Meeting Customer Needs

    State one characteristic a business might use to segment its market.

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