Daily Practice · GCSE Business
April 1999 5-a-day
Every sheet in April 1999
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 1999A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 2nd April 1999What does the gross profit margin measure?
- 3rd April 1999Explain one advantage of decentralisation.
- 4th April 1999State one method a business could use to improve staff retention.
- 5th April 1999Name the main UK law protecting consumers when buying goods.
- 6th April 1999State one way improved transport has supported globalisation.
- 7th April 1999State what it means when the pound depreciates.
- 8th April 1999Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 9th April 1999Give one example of an aesthetic feature of a product.
- 10th April 1999State two consequences of holding too little stock.
- 11th April 1999Give one reason a business might publicise its supplier standards.
- 12th April 1999Define economies of scale.
- 13th April 1999Give an example of a UK business that adds value through branding.
- 14th April 1999Give one reason a manufacturer might locate close to its raw material supplier.
- 15th April 1999Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 16th April 1999State the formula for break-even output.
- 17th April 1999Why can a sole trader not raise finance through share capital?
- 18th April 1999State one reason a business might prefer full-time contracts for its key staff.
- 19th April 1999Identify one example of off-the-job training.
- 20th April 1999State one reason a USP needs to be difficult for competitors to copy.
- 21st April 1999Give one way a business can find out about its competitors.
- 22nd April 1999Why is a larger sample size generally more reliable than a smaller one?
- 23rd April 1999What is a loss leader?
- 24th April 1999Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
- 25th April 1999Give one reason a business might advertise an external quality standard such as ISO certification.
- 26th April 1999Explain how consistent quality supports a higher price.
- 27th April 1999State the formula for profit.
- 28th April 1999Explain the difference between limited and unlimited liability in one sentence.
- 29th April 1999Identify one source of change that can create new business opportunities.
- 30th April 1999A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.