Daily Practice · GCSE Business
October 1997 5-a-day
Every sheet in October 1997
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 1997Give one cost e-commerce can reduce for a small business compared with running physical stores.
- 2nd October 1997Define e-commerce and give one benefit for a small business.
- 3rd October 1997Explain how stock control software reduces costs.
- 4th October 1997Give one advantage of buying a franchise rather than starting an entirely independent business.
- 5th October 1997State one way an entrepreneur could generate a business idea without inventing something completely new.
- 6th October 1997State one reason shareholder and employee interests can conflict.
- 7th October 1997Define reward in the context of enterprise.
- 8th October 1997Is retained profit an internal or an external source of finance?
- 9th October 1997Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?
- 10th October 1997State the difference between recruitment and selection.
- 11th October 1997Identify one item typically found in a job description.
- 12th October 1997State what the National Minimum Wage and National Living Wage are.
- 13th October 1997State one area of business legislation.
- 14th October 1997What is meant by a 'representative sample'?
- 15th October 1997Why is cash flow often negative during the introduction stage?
- 16th October 1997State one risk of a poorly judged brand extension.
- 17th October 1997Define supply chain.
- 18th October 1997Why does higher productivity usually reduce unit cost?
- 19th October 1997Identify what typically happens to unemployment during a recession.
- 20th October 1997State one characteristic a business might use to segment its market.
- 21st October 1997Explain why a business plan is not a guarantee of success.
- 22nd October 1997What is overtrading?
- 23rd October 1997What is the difference between a cash inflow and a cash outflow?
- 24th October 1997A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 25th October 1997State the difference between training and development.
- 26th October 1997Identify one example of a hygiene factor.
- 27th October 1997Explain why there can be a trade-off between acting ethically and making a profit.
- 28th October 1997Define e-commerce.
- 29th October 1997What is e-commerce?
- 30th October 1997What is the difference between above the line and below the line promotion?
- 31st October 1997Explain why flow production is risky if demand is unpredictable.