Daily Practice · GCSE Business
April 1996 5-a-day
Every sheet in April 1996
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 1996Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 2nd April 1996A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 3rd April 1996State what delayering means.
- 4th April 1996State the formula for labour turnover rate.
- 5th April 1996State one cost to a business of dealing with a faulty product return.
- 6th April 1996Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 7th April 1996State what it means when the pound appreciates.
- 8th April 1996Name the 4Ps of the marketing mix.
- 9th April 1996What does 'function' mean in the design mix?
- 10th April 1996A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 11th April 1996Why does supplier capacity matter to a growing business?
- 12th April 1996State one risk specific to growth through a merger or takeover, other than cost.
- 13th April 1996Define adding value in a business context.
- 14th April 1996Identify which location factor matters most to a business that relies heavily on passing trade.
- 15th April 1996What is the difference between start-up capital and working capital?
- 16th April 1996What does the margin of safety measure?
- 17th April 1996Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 18th April 1996Give one advantage to an employer of part-time contracts.
- 19th April 1996Give one advantage of on-the-job training.
- 20th April 1996Explain how strong branding can help a business differentiate.
- 21st April 1996Give one benefit to consumers of a highly competitive market.
- 22nd April 1996What is meant by a 'random sample'?
- 23rd April 1996Which pricing strategy involves setting a low price to enter a market and quickly build market share?
- 24th April 1996Give one example of an extension strategy.
- 25th April 1996Give three costs to a business of poor quality.
- 26th April 1996Why should a business look for the cause rather than fixing each faulty item?
- 27th April 1996State the formula for total revenue.
- 28th April 1996State where the shares of a public limited company (plc) can be bought and sold.
- 29th April 1996State the difference between invention and innovation.
- 30th April 1996Explain, in one sentence, how a profitable business could still run out of cash.