Daily Practice · GCSE Business
February 1999 5-a-day
Every sheet in February 1999
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 1999What is the difference between start-up capital and working capital?
- 2nd February 1999What does the margin of safety measure?
- 3rd February 1999Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 4th February 1999Give one advantage to an employer of part-time contracts.
- 5th February 1999Give one advantage of on-the-job training.
- 6th February 1999Explain how strong branding can help a business differentiate.
- 7th February 1999Give one benefit to consumers of a highly competitive market.
- 8th February 1999What is meant by a 'random sample'?
- 9th February 1999What is price discrimination?
- 10th February 1999Give one example of an extension strategy.
- 11th February 1999Give three costs to a business of poor quality.
- 12th February 1999Why should a business look for the cause rather than fixing each faulty item?
- 13th February 1999State the formula for total revenue.
- 14th February 1999State where the shares of a public limited company (plc) can be bought and sold.
- 15th February 1999Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 16th February 1999Explain, in one sentence, how a profitable business could still run out of cash.
- 17th February 1999What does the statement of financial position show?
- 18th February 1999Explain what chain of command means.
- 19th February 1999State the difference between a wage and a salary.
- 20th February 1999Define computer-aided manufacture (CAM).
- 21st February 1999Explain why rising unemployment during a recession can reduce a business's sales.
- 22nd February 1999Explain one effect of a rise in interest rates on a business with a variable-rate loan.
- 23rd February 1999A business raises its price significantly to reposition as premium. Name one other element of the mix it is also likely to need to change.
- 24th February 1999Give one cost e-commerce can reduce for a small business compared with running physical stores.
- 25th February 1999Define e-commerce and give one benefit for a small business.
- 26th February 1999Explain how stock control software reduces costs.
- 27th February 1999Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 28th February 1999Define entrepreneur.