Daily Practice · GCSE Business
September 1995 5-a-day
Every sheet in September 1995
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 1995State the effect of an appreciating pound on the cost of imports to a UK business.
- 2nd September 1995A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 3rd September 1995Name the three elements of the design mix.
- 4th September 1995Explain one benefit and one risk of just in time stock control.
- 5th September 1995Define single sourcing and give one advantage.
- 6th September 1995Define economies of scale.
- 7th September 1995Give an example of a UK business that adds value through branding.
- 8th September 1995Give one reason a manufacturer might locate close to its raw material supplier.
- 9th September 1995State one reason an established business, not a start-up, might need finance.
- 10th September 1995A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
- 11th September 1995Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
- 12th September 1995Identify the type of contract that has no guaranteed minimum hours.
- 13th September 1995Identify one purpose of induction training.
- 14th September 1995Give one risk of competing mainly on price rather than differentiating.
- 15th September 1995State one way a business could respond to a new competitor entering the market.
- 16th September 1995A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 17th September 1995Give one market condition that makes price skimming an appropriate strategy.
- 18th September 1995What is a 'star' in the Boston Matrix?
- 19th September 1995What is continuous improvement, and why does it depend on employees?
- 20th September 1995Give one reason employees are a good source of information about quality problems.
- 21st September 1995A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 22nd September 1995Name a well-known UK public limited company.
- 23rd September 1995Identify one source of change that can create new business opportunities.
- 24th September 1995State the formula for working capital.
- 25th September 1995What equation must always balance on a statement of financial position?
- 26th September 1995State what span of control measures.
- 27th September 1995Identify one financial method of motivation.
- 28th September 1995State one cost to a business of introducing new technology.
- 29th September 1995Give an example of a direct tax.
- 30th September 1995Define interest rate.