Daily Practice

GCSE Business

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16th July 2026

5 questions · GCSE · 503 questions in this band

  1. 1
    Business ownership

    Give one advantage of buying a franchise rather than starting an entirely independent business.

  2. 2
    Growing the business

    Give one example of an economy of scale.

  3. 3
    Economic climate and business

    Give one reason an entrepreneur might delay launching a new business during an economic downturn.

  4. 4
    Business calculations: revenue, costs and profit

    State the formula for total revenue.

  5. 5
    The purpose of business and enterprise

    A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.

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