Daily Practice · GCSE Business
May 1999 5-a-day
Every sheet in May 1999
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 1999A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 2nd May 1999A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 3rd May 1999State one non-financial reward that could improve staff motivation without extra pay.
- 4th May 1999Explain one reason a small business might be slower than a large business to adopt new technology.
- 5th May 1999Explain why a rise in corporation tax could reduce how much a business invests.
- 6th May 1999Explain one way high unemployment could benefit a business's recruitment.
- 7th May 1999State one consequence for a business of running an inconsistent marketing mix.
- 8th May 1999State one advantage of an indirect distribution channel.
- 9th May 1999Explain why social media complaints need a faster response than emails.
- 10th May 1999A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 11th May 1999State what a franchisee pays a franchisor for.
- 12th May 1999State one quality commonly associated with successful entrepreneurs.
- 13th May 1999Identify whether the local community is an internal or external stakeholder.
- 14th May 1999Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 15th May 1999Is retained profit an internal or an external source of finance?
- 16th May 1999Is paying the electricity bill capital or revenue expenditure? Explain.
- 17th May 1999State one selection method used to test a candidate's communication skills.
- 18th May 1999Give one item typically found in a person specification.
- 19th May 1999Give one cost to a business of providing full health and safety training to all staff.
- 20th May 1999Give an example of a data protection duty a business has.
- 21st May 1999What is meant by a 'representative sample'?
- 22nd May 1999What shape does a typical product life cycle sales graph take?
- 23rd May 1999Why can strong branding allow a business to charge a premium price?
- 24th May 1999Give three criteria a business uses when choosing a supplier.
- 25th May 1999State two benefits of cell production compared with a long assembly line.
- 26th May 1999State the three stages of the economic, or business, cycle referred to in this topic.
- 27th May 1999State the difference between primary and secondary market research.
- 28th May 1999Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 29th May 1999Why can a profitable business still become insolvent?
- 30th May 1999State the formula for net cash flow.
- 31st May 1999The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.