Daily Practice · GCSE Business
August 1995 5-a-day
Every sheet in August 1995
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 1995Name the UK law that makes it illegal to discriminate against employees based on protected characteristics such as age, sex or disability.
- 2nd August 1995State the difference between legislation and ethics.
- 3rd August 1995Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 4th August 1995Name the four stages of the product life cycle in order.
- 5th August 1995What is a 'brand extension'?
- 6th August 1995Give one reason a business might pay more to source locally.
- 7th August 1995A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.
- 8th August 1995Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 9th August 1995Give one example of a primary market research method.
- 10th August 1995State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 11th August 1995Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
- 12th August 1995State the formula for a month's closing balance.
- 13th August 1995If a business successfully cuts its variable cost per unit while keeping its selling price the same, what happens to its break-even output?
- 14th August 1995Identify one direct cost of training.
- 15th August 1995Explain why, according to Herzberg, simply raising pay may not increase motivation.
- 16th August 1995Define business ethics.
- 17th August 1995Give one reason e-commerce might exclude some customers.
- 18th August 1995Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 19th August 1995Why must promotion be consistent with the rest of the marketing mix?
- 20th August 1995A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 21st August 1995List four stages of a typical sales process.
- 22nd August 1995Give one example of a business adapting successfully to a change in its external environment.
- 23rd August 1995Explain why most private sector businesses aim to make a profit.
- 24th August 1995Give one reason a well-established plc might prioritise profit maximisation over survival.
- 25th August 1995State one external cause of new business failure.
- 26th August 1995A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
- 27th August 1995What does the net profit margin measure?
- 28th August 1995State one disadvantage of centralisation.
- 29th August 1995Explain one reason high labour turnover can reduce productivity.
- 30th August 1995State the three main standards goods must meet under the Consumer Rights Act 2015.
- 31st August 1995Define globalisation.