Daily Practice · GCSE Business
July 1999 5-a-day
Every sheet in July 1999
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 1999State when induction training typically takes place.
- 2nd July 1999Explain why successful differentiation can reduce a business's price sensitivity of demand.
- 3rd July 1999Explain why a monopoly business can often charge higher prices.
- 4th July 1999A survey of 200 people found 90 preferred Brand A. Calculate the percentage who preferred Brand A.
- 5th July 1999Which pricing strategy involves setting a low price to enter a market and quickly build market share?
- 6th July 1999What is a 'cash cow' in the Boston Matrix?
- 7th July 1999Explain one benefit of making each worker responsible for checking their own work.
- 8th July 1999A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
- 9th July 1999Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 10th July 1999Identify the abbreviation added to the end of a private limited company's name.
- 11th July 1999Explain why spotting a trend early can benefit an entrepreneur.
- 12th July 1999What is the key difference between cash and profit?
- 13th July 1999What does the income statement show?
- 14th July 1999State one feature of a tall organisational structure.
- 15th July 1999Explain one drawback of relying only on financial rewards to motivate staff.
- 16th July 1999State one function of a business that can be affected by new technology.
- 17th July 1999Define a recession.
- 18th July 1999Define inflation.
- 19th July 1999Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 20th July 1999Why might a business use both a website and physical stores rather than just one?
- 21st July 1999Explain one benefit and one risk of using a chatbot for customer enquiries.
- 22nd July 1999State two drawbacks of automating a production line.
- 23rd July 1999State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 24th July 1999Identify one source of new business ideas, other than spotting a gap in the market.
- 25th July 1999State one interest a supplier has in the businesses it supplies.
- 26th July 1999State one reason a franchise is generally considered lower risk than an independent start-up.
- 27th July 1999State one advantage of an overdraft as a source of finance.
- 28th July 1999What is capital expenditure?
- 29th July 1999Identify one document a candidate usually submits when applying for a job.
- 30th July 1999Identify the term for a qualification or skill that is useful but not required for a role.
- 31st July 1999Explain one benefit to a business of complying fully with employment and health and safety law.