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1.3 Putting a business idea into practice

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Question 1
100%

Which is a non-financial objective for an entrepreneur?

[1]
A

Independence and control

B

Increasing sales revenue

C

Making a profit

D

Achieving financial security

Markscheme

1.3 Putting a business idea into practice Questions

  1. GCSE
  2. /Business
  3. /1.3 Putting a business idea into practice

38 exam-style questions on Edexcel GCSE Business 1.3 Putting a business idea into practice, covering 1.3.1a Financial aims and objectives, 1.3.1b Non-financial aims and objectives, 1.3.1c Why aims and objectives differ, 1.3.2a Revenue, costs and profit calculations, 1.3.2b Break even and margin of safety, 1.3.2c Interpretation of break even diagrams, 1.3.3a The importance of cash to a business, 1.3.3b The difference between cash and profit, 1.3.3c Cash-flow forecasts: inflows and outflows, 1.3.3d Cash-flow forecasts: net cash flow and balances, 1.3.4a Short-term sources of finance, and 1.3.4b Long-term sources of finance. Each one has a worked solution and a mark scheme showing where the marks go.

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