Daily Practice · GCSE Business
March 1997 5-a-day
Every sheet in March 1997
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 1997Give one interest the government has as a stakeholder in a business.
- 2nd March 1997State one reason a franchise is generally considered lower risk than an independent start-up.
- 3rd March 1997Give one advantage and one drawback of trade credit.
- 4th March 1997Is buying a new shop premises capital or revenue expenditure? Explain.
- 5th March 1997Identify one method of external recruitment.
- 6th March 1997State one recruitment document used to help write a job advert.
- 7th March 1997Name the UK law that requires employers to protect the health, safety and welfare of their employees.
- 8th March 1997Explain why legislation is described as an external influence on business.
- 9th March 1997Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 10th March 1997State one marketing mix change a business might make during the decline stage.
- 11th March 1997What is brand loyalty?
- 12th March 1997State one advantage and one disadvantage of using a single supplier.
- 13th March 1997Explain what kaizen means and why employee involvement is essential to it.
- 14th March 1997State one way a business might respond to falling consumer spending during a recession.
- 15th March 1997Explain why a business should carry out market research before launching a new product.
- 16th March 1997State one section usually included in a business plan.
- 17th March 1997What is meant by a 'cash-flow problem'?
- 18th March 1997A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 19th March 1997Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 20th March 1997Identify one legal reason a business must provide training.
- 21st March 1997State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 22nd March 1997Explain one risk to a business of being exposed for unethical behaviour.
- 23rd March 1997Define search engine optimisation (SEO).
- 24th March 1997State one risk to a business's reputation created by social media and online reviews.
- 25th March 1997Give one advantage of digital promotion over traditional above the line advertising.
- 26th March 1997Give one reason a job production business might charge a higher price.
- 27th March 1997How can good customer service justify a higher price?
- 28th March 1997State one reason a change in consumer tastes might force a food business to change its menu.
- 29th March 1997State the difference between a good and a service.
- 30th March 1997State one non-financial aim a business might have.
- 31st March 1997State one internal cause of new business failure.