Daily Practice · GCSE Business
December 1995 5-a-day
Every sheet in December 1995
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 1995A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 2nd December 1995Give three ways a business can identify quality problems.
- 3rd December 1995Identify whether rent is a fixed cost or a variable cost.
- 4th December 1995State the ownership structure that has one owner and unlimited liability.
- 5th December 1995Explain why spotting a trend early can benefit an entrepreneur.
- 6th December 1995Why is cash considered more liquid than stock, even though both can be current assets?
- 7th December 1995What does the statement of financial position show?
- 8th December 1995State one disadvantage of a narrow span of control.
- 9th December 1995Identify one example of job enrichment.
- 10th December 1995State one risk to a business of storing customer data online.
- 11th December 1995State one type of business that might see demand rise during a recession.
- 12th December 1995Define unemployment.
- 13th December 1995True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 14th December 1995What is a wholesaler?
- 15th December 1995Give one operational cost that e-commerce creates which a shop does not have.
- 16th December 1995Why does technology investment need to be judged against demand rather than cost alone?
- 17th December 1995State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 18th December 1995Identify one source of new business ideas, other than spotting a gap in the market.
- 19th December 1995Identify whether shareholders are internal or external stakeholders.
- 20th December 1995State one reason a franchise is generally considered lower risk than an independent start-up.
- 21st December 1995A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 22nd December 1995A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 23rd December 1995Give one advantage of internal recruitment.
- 24th December 1995State one risk to a business of recruiting without a clear job description.
- 25th December 1995Give one example of a protected characteristic under the Equality Act 2010.
- 26th December 1995State one risk to a business of breaking the law.
- 27th December 1995Name three variables a business could use to segment a market.
- 28th December 1995True or false: every product follows the product life cycle at the same speed.
- 29th December 1995Give one benefit to a business of strong brand recognition.
- 30th December 1995Why can poor conditions at a supplier damage a business that does not own that supplier?
- 31st December 1995Give one reason a business might prefer lean methods to buying automated machinery.