Daily Practice · GCSE Business
July 1998 5-a-day
Every sheet in July 1998
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 1998Identify one purpose of induction training.
- 2nd July 1998Give one risk of competing mainly on price rather than differentiating.
- 3rd July 1998State one way a business could respond to a new competitor entering the market.
- 4th July 1998A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 5th July 1998A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 6th July 1998What is a 'star' in the Boston Matrix?
- 7th July 1998What is continuous improvement, and why does it depend on employees?
- 8th July 1998Give one reason employees are a good source of information about quality problems.
- 9th July 1998A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 10th July 1998Name a well-known UK public limited company.
- 11th July 1998Define what is meant by the dynamic nature of the business environment.
- 12th July 1998State the formula for working capital.
- 13th July 1998A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 14th July 1998State what span of control measures.
- 15th July 1998Identify one financial method of motivation.
- 16th July 1998State one cost to a business of introducing new technology.
- 17th July 1998Give an example of a direct tax.
- 18th July 1998Define interest rate.
- 19th July 1998Why is it useful to check a marketing mix against market segmentation data before evaluating it?
- 20th July 1998What does 'omnichannel distribution' mean?
- 21st July 1998State two ways a website improves customer service without any staff involvement.
- 22nd July 1998Give one way e-commerce changes a small retailer's operations.
- 23rd July 1998Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 24th July 1998Explain why determination matters when starting a new business.
- 25th July 1998Give one interest the government has as a stakeholder in a business.
- 26th July 1998Define risk in the context of enterprise.
- 27th July 1998A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 28th July 1998Is buying a new shop premises capital or revenue expenditure? Explain.
- 29th July 1998Identify one method of external recruitment.
- 30th July 1998State one recruitment document used to help write a job advert.
- 31st July 1998Name the UK law that requires employers to protect the health, safety and welfare of their employees.