Daily Practice · GCSE Business
August 1997 5-a-day
Every sheet in August 1997
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 1997Give one cost to a business of complying with new legislation.
- 2nd August 1997Name three variables a business could use to segment a market.
- 3rd August 1997During which stage of the product life cycle are sales typically at their highest?
- 4th August 1997Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 5th August 1997Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 6th August 1997Define lean production.
- 7th August 1997Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 8th August 1997Define market segmentation.
- 9th August 1997Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 10th August 1997Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 11th August 1997What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 12th August 1997Give one possible drawback of raising the selling price to lower the break-even output.
- 13th August 1997Explain one reason training can improve staff motivation.
- 14th August 1997State who developed the two-factor theory of motivation.
- 15th August 1997State one example of an unethical business practice.
- 16th August 1997Explain what click-through rate measures.
- 17th August 1997Why can online price comparison tools increase competition between businesses?
- 18th August 1997Give one example of a sales promotion technique.
- 19th August 1997Explain one drawback of batch production.
- 20th August 1997Explain why keeping an existing customer is usually cheaper than winning a new one.
- 21st August 1997Give an example of a change in technology that has affected how many UK retailers operate.
- 22nd August 1997Identify whether a haircut is a good or a service.
- 23rd August 1997What does the M stand for in a SMART objective?
- 24th August 1997Give one reason poor market research increases the risk of a new business failing.
- 25th August 1997Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 26th August 1997A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 27th August 1997State what delayering means.
- 28th August 1997State the formula for labour turnover rate.
- 29th August 1997State one cost to a business of dealing with a faulty product return.
- 30th August 1997Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 31st August 1997State what it means when the pound appreciates.