Daily Practice · GCSE Business
December 1997 5-a-day
Every sheet in December 1997
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 1997Explain how consistent quality supports a higher price.
- 2nd December 1997State the formula for profit.
- 3rd December 1997Explain the difference between limited and unlimited liability in one sentence.
- 4th December 1997Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 5th December 1997A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 6th December 1997What does the income statement show?
- 7th December 1997A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 8th December 1997State one non-financial reward that could improve staff motivation without extra pay.
- 9th December 1997Explain one reason a small business might be slower than a large business to adopt new technology.
- 10th December 1997Explain why a rise in corporation tax could reduce how much a business invests.
- 11th December 1997Explain one way high unemployment could benefit a business's recruitment.
- 12th December 1997State one consequence for a business of running an inconsistent marketing mix.
- 13th December 1997State one advantage of an indirect distribution channel.
- 14th December 1997Explain why social media complaints need a faster response than emails.
- 15th December 1997A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 16th December 1997Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 17th December 1997Define entrepreneur.
- 18th December 1997Identify whether the local community is an internal or external stakeholder.
- 19th December 1997Explain the general relationship between risk and potential reward in business.
- 20th December 1997State one advantage of an overdraft as a source of finance.
- 21st December 1997Is paying the electricity bill capital or revenue expenditure? Explain.
- 22nd December 1997State one selection method used to test a candidate's communication skills.
- 23rd December 1997Give one item typically found in a person specification.
- 24th December 1997Give one cost to a business of providing full health and safety training to all staff.
- 25th December 1997Give an example of a data protection duty a business has.
- 26th December 1997Give one example of a primary research method.
- 27th December 1997What shape does a typical product life cycle sales graph take?
- 28th December 1997Why can strong branding allow a business to charge a premium price?
- 29th December 1997Give three criteria a business uses when choosing a supplier.
- 30th December 1997State two benefits of cell production compared with a long assembly line.
- 31st December 1997Give one reason an entrepreneur might delay launching a new business during an economic downturn.