Daily Practice · GCSE Business
March 1998 5-a-day
Every sheet in March 1998
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 1998State one interest a supplier has in the businesses it supplies.
- 2nd March 1998Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 3rd March 1998Why might a sole trader be unable to raise finance through share capital?
- 4th March 1998What is capital expenditure?
- 5th March 1998Identify one document a candidate usually submits when applying for a job.
- 6th March 1998Identify the term for a qualification or skill that is useful but not required for a role.
- 7th March 1998Explain one benefit to a business of complying fully with employment and health and safety law.
- 8th March 1998Define legislation.
- 9th March 1998A business segments its market by income. Give one product example that suits income-based segmentation.
- 10th March 1998Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 11th March 1998What is meant by 'brand equity'?
- 12th March 1998Explain how trade credit affects a small business's cash flow.
- 13th March 1998Explain one risk of removing all buffer stock as part of lean production.
- 14th March 1998State the three stages of the economic, or business, cycle referred to in this topic.
- 15th March 1998State the difference between primary and secondary market research.
- 16th March 1998Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 17th March 1998State one drawback of using an overdraft to solve a cash-flow problem.
- 18th March 1998A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 19th March 1998If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 20th March 1998Give one indirect cost of training.
- 21st March 1998Give one example of a motivator under Herzberg's theory.
- 22nd March 1998State one way a business can benefit from being seen as environmentally friendly.
- 23rd March 1998State what pay-per-click (PPC) advertising means.
- 24th March 1998What is search engine optimisation, and what is its purpose in marketing?
- 25th March 1998What is public relations?
- 26th March 1998State two advantages of flow production.
- 27th March 1998Explain why product knowledge reduces returns as well as increasing sales.
- 28th March 1998Identify one risk to a business that fails to adapt to a significant change in its external environment.
- 29th March 1998Give an example of a want, as opposed to a need.
- 30th March 1998Explain why a business's aims might change after it takes on outside investors.
- 31st March 1998State one action a new business owner could take to reduce the risk of cash-flow problems.