Daily Practice · GCSE Business
May 1995 5-a-day
Every sheet in May 1995
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 1995What is the key difference between cash and profit?
- 2nd May 1995A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 3rd May 1995State one feature of a tall organisational structure.
- 4th May 1995Explain one drawback of relying only on financial rewards to motivate staff.
- 5th May 1995State one function of a business that can be affected by new technology.
- 6th May 1995Define a recession.
- 7th May 1995Define inflation.
- 8th May 1995Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 9th May 1995Why might a business use both a website and physical stores rather than just one?
- 10th May 1995Explain one benefit and one risk of using a chatbot for customer enquiries.
- 11th May 1995State two drawbacks of automating a production line.
- 12th May 1995Give one advantage of buying a franchise rather than starting an entirely independent business.
- 13th May 1995State one way an entrepreneur could generate a business idea without inventing something completely new.
- 14th May 1995State one interest a supplier has in the businesses it supplies.
- 15th May 1995Define reward in the context of enterprise.
- 16th May 1995A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 17th May 1995What is capital expenditure?
- 18th May 1995Identify one document a candidate usually submits when applying for a job.
- 19th May 1995Identify the term for a qualification or skill that is useful but not required for a role.
- 20th May 1995Explain one benefit to a business of complying fully with employment and health and safety law.
- 21st May 1995Define legislation.
- 22nd May 1995State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 23rd May 1995Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 24th May 1995What is meant by 'brand equity'?
- 25th May 1995Explain how trade credit affects a small business's cash flow.
- 26th May 1995Explain one risk of removing all buffer stock as part of lean production.
- 27th May 1995Identify what typically happens to unemployment during a recession.
- 28th May 1995State one characteristic a business might use to segment its market.
- 29th May 1995Explain why a business plan is not a guarantee of success.
- 30th May 1995State one drawback of using an overdraft to solve a cash-flow problem.
- 31st May 1995A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.