Daily Practice · GCSE Business
September 1996 5-a-day
Every sheet in September 1996
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 1996State one decision a business makes under 'Place'.
- 2nd September 1996Why does increasing a product's function or aesthetics usually increase its cost?
- 3rd September 1996Why is stock control especially important for a business selling fresh food?
- 4th September 1996A supplier charges 4.80 pounds a unit for orders under 500 and 4.20 pounds for orders of 500 or more. A business needs 480 units. Should it order 500? Explain.
- 5th September 1996State the difference between organic and external growth.
- 6th September 1996Identify why adding value can be more attractive to a business than competing purely on low price.
- 7th September 1996State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 8th September 1996A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
- 9th September 1996State the formula for contribution per unit.
- 10th September 1996A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?
- 11th September 1996State one disadvantage to an employee of a zero-hours contract.
- 12th September 1996State when induction training typically takes place.
- 13th September 1996Explain why successful differentiation can reduce a business's price sensitivity of demand.
- 14th September 1996Explain why a monopoly business can often charge higher prices.
- 15th September 1996A survey of 200 people found 90 preferred Brand A. Calculate the percentage who preferred Brand A.
- 16th September 1996A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.
- 17th September 1996What is a 'cash cow' in the Boston Matrix?
- 18th September 1996Explain one benefit of making each worker responsible for checking their own work.
- 19th September 1996A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
- 20th September 1996Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 21st September 1996Identify the abbreviation added to the end of a private limited company's name.
- 22nd September 1996Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 23rd September 1996What is the key difference between cash and profit?
- 24th September 1996State the formula for gross profit.
- 25th September 1996State one feature of a tall organisational structure.
- 26th September 1996Explain one drawback of relying only on financial rewards to motivate staff.
- 27th September 1996State one function of a business that can be affected by new technology.
- 28th September 1996Define a recession.
- 29th September 1996Define inflation.
- 30th September 1996Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?