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GCSE Business Questions

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GCSE business syllabus covers how the major types of business organisation are established, financed and run, and how their activities are regulated. Factors influencing business decision-making are also considered, as are the essential values of cooperation and interdependence.

GCSE business syllabus not only covers business concepts and techniques but also enhance related skills such as numeracy and enquiry.

GCSE Business Questions

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25 Questions

1. What is data analysis?

data analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlyan organisation that produces a good or supplies a servicethey are owned by the government

2. why does poor customer service occur?

data analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the governmentan organisation that produces a good or supplies a service

3. What is a public sector organisation?

4. What is a business?

5. What are the benefits of on the job training?

- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the governmentdata analysis involves fathering and examining data to provide useful information that can be used for descision-making- it can be a relatively cheap way of providing training, as employees do not have to travel and other employees may be able to give the training - on-the-job training is also targeted to the exact needs of the business especially as it is often given by other employees. - computer-based training can be a cheap and effective way of giving training, it can also be delivered at any time

6. What are the advantages and disadvantages of selling shares?

- no interest payments - the owners may loose control of the company - only available to companiesthey are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-making

7. What are some factors influencing the choice of sources of finance on new businesses?

data analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficiently- the amount of personal finance available - how risky the business is judged to be - the amount of finance needed - the legal structure of the businessthey are owned by the government

8. What are the 3 types of communication?

they are owned by the governmentdata analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficiently- downward communication from senior employees to more junior ones - upward communication from junior employees to their line managers and other more senior employees - horizontal communication, which takes place between employees at the same level in the organisation - a discussion between managers

9. What are the factors that might influence the descision of which organisational structue to use?

- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-makingthey are owned by the governmentthe skills of the workforce, if workers are skilled they are more capable of making descisions themselves so managers may choose a flat organisational structure the management style used in the business, if managers like to retains control over employees they would be more likely to use a tall structure and vice versa, managers who dont wish to retain control will use flatter organisational structures the business's competitive environment, businesses want to keeps its cost to a minimum and have the best performance from its workforce which may lead to a flat organisational structure. this also requires fewer managers , helping to reduce wage costs - can also help motivate junior employees being in positions of power at young

10. What is an asset?

an asset is something that is owned by a business - land, buildings, machinery and vehiclesthey are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-making

11. who are the a few people that are included in the distribution channel?

12. What are some ways individuals and groups within organisations can communicate?

- meetings - video conferences - telephone conversations - emails - business intranets - lettersthey are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-making

13. What is conglomerate integration?

14. What is market share?

data analysis involves fathering and examining data to provide useful information that can be used for descision-makingmarket share is the percentage of sales in a particular market recorded by a business- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the government

15. What is external growth?

they are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-makingexternal growth or intergration occurs when a business gets bigger by joining or buying other businesses

16. What is a business plan?

data analysis involves fathering and examining data to provide useful information that can be used for descision-makinga business plan is a document setting out what a business does and what it hopes to achieve in the future- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the government

17. What are the 2 main ways of recruiting employees?

data analysis involves fathering and examining data to provide useful information that can be used for descision-makinginternal recruitment and external recruitment- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the government

18. What is cost of sales?

data analysis involves fathering and examining data to provide useful information that can be used for descision-makingCost of sales refers to the variable costs incurred as a direct result of making a product or providing a service, eg raw material costs.they are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficiently

19. What are the 3 main things businesses invest in and why?

land and buildings - most businesses require land and buildings to be able to supply goods and services. for example aston martin building a new factory in glamorgan to build a new car machinery and vehicles - machinery is used by businesses that supply services as well as on manufacturers' production lines. better working machinery means a better working business. similarly more efficient vehicles can help reduce a business's costs and thus make it more profitable - buses in aberdeen scotland have been fuelled by hyfrogen since 2015, they are nearly 4x more fuel efficient than diesel - reducing operating costs significantly new products - to remain competitive, businesses invest in developing new products - investment is essential for a businesses survivaldata analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the government

20. What effects and results do falling interest rates have on a business?

Usually result in improvements in the economic climate for businesses The effect include: - Sales may rise, especially of luxury and non-essential products - Production of goods and services will rise, possibly increasing consumers' incomes - Businesses may need to employ additional workers, also helping to increase consumer spendingthey are owned by the governmentdata analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficiently

21. What is a quota?

a quota is a limit on the number of foreign goods imported into a country- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlythey are owned by the governmentdata analysis involves fathering and examining data to provide useful information that can be used for descision-making

22. What is an income statement?

they are owned by the governmentThe income statement is a financial document that demonstrates the financial performance of a business based on its income and how this has changed over a period of time(usually 12 months). The income statement allows shareholders and owners to monitor business performance in line with business objectives and the rest of the industry. The key information shown on an income statement includes information about revenue, cost of sales, and any other expenses, along with gross and net profit.data analysis involves fathering and examining data to provide useful information that can be used for descision-making- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficiently

23. What effects can a business have on the environment?

they are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-making- traffic congestion - air and noise pollution - the use of non-renewable resources such as coal and oil - global warming

24. What are current assets?

Current assets are short term, they will be owned for, or last for, less than a year. This may include things such as stock, raw materials, and cash.they are owned by the government- businesses promise to much and raise customers expectations - poor communication, the level of service may not be clear to customers - poor management, the business may have the resources to fulfill the expectations but not manage them very well - staff not being allocated to the right jobs, or equipment not being used efficientlydata analysis involves fathering and examining data to provide useful information that can be used for descision-making

25. What are inventories?

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25 Questions

❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know? Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |

Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com