Daily Practice · GCSE Business
June 1998 5-a-day
Every sheet in June 1998
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 1998Identify one direct cost of training.
- 2nd June 1998Explain why, according to Herzberg, simply raising pay may not increase motivation.
- 3rd June 1998Define business ethics.
- 4th June 1998Give one reason e-commerce might exclude some customers.
- 5th June 1998Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 6th June 1998Why must promotion be consistent with the rest of the marketing mix?
- 7th June 1998A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 8th June 1998List four stages of a typical sales process.
- 9th June 1998State one reason a change in consumer tastes might force a food business to change its menu.
- 10th June 1998Explain why most private sector businesses aim to make a profit.
- 11th June 1998Give one reason a well-established plc might prioritise profit maximisation over survival.
- 12th June 1998State one internal cause of new business failure.
- 13th June 1998A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
- 14th June 1998What does the net profit margin measure?
- 15th June 1998State one disadvantage of centralisation.
- 16th June 1998Explain one reason high labour turnover can reduce productivity.
- 17th June 1998State the three main standards goods must meet under the Consumer Rights Act 2015.
- 18th June 1998Define globalisation.
- 19th June 1998State the effect of an appreciating pound on the cost of imports to a UK business.
- 20th June 1998A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 21st June 1998Name the three elements of the design mix.
- 22nd June 1998Explain one benefit and one risk of just in time stock control.
- 23rd June 1998Define single sourcing and give one advantage.
- 24th June 1998Give one example of an economy of scale.
- 25th June 1998State one risk of trying to compete only by cutting price rather than adding genuine value.
- 26th June 1998State one factor that influences where a business chooses to locate.
- 27th June 1998State one reason an established business, not a start-up, might need finance.
- 28th June 1998A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
- 29th June 1998Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
- 30th June 1998Identify the type of contract that has no guaranteed minimum hours.