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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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1. What is M - commerce?

2. What are the disadvantages of business expansion?

3. What are the financial methods of motivation?

4. How do you calculate capital employment?

5. What is the economy?

the economy is made up of millions of individual consumers, many thousands of businesses and governments. they all make descisions on what to buy and produceM - commerce is the buying and selling of products through wireless handheld devices such as smartphones- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.

6. how does the activities of a business have an impact on stakeholders?

- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.- the success of the business will effect the number of people employed and how much they earn - the values of the owners and managers will effect how well treated employees are and how much attention is given to the quality of thrie life at work and their future careers - likely to have an impact on the local community, employing local people, investing in local facilities, may effect congestion levels in area - the way they treat the suppliers - do they pay on time with a fair price, - the success of the business may effect its share price and the dividends that can be paid out affecting the rewards to shareholders - a business will try to reduce the amount of tax it pays by using whatever means nesscary, this will directly effect the governmentM - commerce is the buying and selling of products through wireless handheld devices such as smartphones

7. What is a company?

8. What are some of the influences on the choice of sources of finance for established businesses?

- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- profitability of the business, more able to use retained profits as a source of finance as it has the money available. but is also more likely to persuad a bank into loaning money - assets owned by the business, a business with lots of assets may choose to sell them to gain finance or lease them. a business with valulable assets is more likely to get a loan from a bank as it has suitable collateral as security for the loan - past history and future prospects, a business that has a history of failure with products or not returning loans is unlikely to get finance from a bank but a business with good past and hopeful future prospects are more likely to get one and be able to return one - legal structure of the business, only companies can sell shares as source of finance - amount of finance that has to be raised, if a business needs a large sum of money it is likely to need more sources of financeM - commerce is the buying and selling of products through wireless handheld devices such as smartphones

9. What is a zero hour contract?

a zero hour contract allows employers to hire staff without any guaranteed hours of work- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.M - commerce is the buying and selling of products through wireless handheld devices such as smartphones- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries

10. What happens if the levels of output are below break even?

11. What is outsourcing?

12. What is international trade?

13. What are the disadvantages of job production?

- expensive, everything is usually handmade and unique so there might be alot of changes in the production process - often requires very skilled employees to do the work therefore takes a considerable amount of training and moneyM - commerce is the buying and selling of products through wireless handheld devices such as smartphones- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.

14. What is a good?

15. What is economies of scale?

M - commerce is the buying and selling of products through wireless handheld devices such as smartphones- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salarieseconomies of scale occur when a business's unit costs of production fall as its ouput rises and the business expands, the benefits of size

16. What are some of the consequences if standards of quality are not met?

17. What is a public limited company?

18. What are the effects of exchange rate changes on a business's sales?

- a fall in exchange rate offers benefits to a business that exports as the price of its product would fall when converted into a foreign currency - UK exports are generally thought of as high quality meaning that the salesof UK exports are probably not going to be affected by a change in exchange rate - a rise in exchange rate makes imports cheaperM - commerce is the buying and selling of products through wireless handheld devices such as smartphones- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries

19. What is an intermediary?

20. What is a non-for-profit organisation?

21. What are some of the problems with achieving consistent quality?

- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.M - commerce is the buying and selling of products through wireless handheld devices such as smartphonesto achieve good quality requires good suppliers, well-defined ways of doing the work and regular monitoring of performance, this can be difficult as the business grows because it may franchise its operations or outsource some of its production. in order to grow quickly, the business is giving up control over some aspects of production and this can mean that quality may suffer as a consequence.

22. how often do wage rates change?

national minimum wage rates change every october national living wage rates change every april- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.M - commerce is the buying and selling of products through wireless handheld devices such as smartphones

23. What is a break even chart?

24. What are the responsibilities of managers?

- work to achieve the shot and the long-term targets set by the directors - may be responsible for a function within the business - marketing or finance - use employees and other resources in the best possible ways- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.M - commerce is the buying and selling of products through wireless handheld devices such as smartphones

25. why are intranets useful?

- used to communicate easily with each other - easy to monitor production and the quality of goods and services, aswell as placing orders with suppliers - provide access to many types of information that employees need and replace vast amounts of paperwork- salaries - wages - piecework - commission - this is a payment made to an employee based on the level of sales he or she has made over a given time period - profit sharing - under this methods, employees recieve a share of the business's profits alongside their normal wages or salaries- Decision-making becomes slower because there are so many people to consult in a big business. - Employees may feel isolated because there are so many of them and they no longer feel special an important part of the organization - Controlling and coordinating a business that has many clients or products and that is possibly based in many different places can difficult and may be less efficient.M - commerce is the buying and selling of products through wireless handheld devices such as smartphones

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25 Questions

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

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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 | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |

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