Daily Practice · GCSE Business
September 1999 5-a-day
Every sheet in September 1999
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 1999True or false: each element of the marketing mix should be decided independently of the others.
- 2nd September 1999A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?
- 3rd September 1999Explain how buffer stock protects a business, and state its cost.
- 4th September 1999Explain how credit terms can matter more than price to a small business.
- 5th September 1999Give one example of an economy of scale.
- 6th September 1999State one risk of trying to compete only by cutting price rather than adding genuine value.
- 7th September 1999State one factor that influences where a business chooses to locate.
- 8th September 1999Why might a profitable business still need extra finance?
- 9th September 1999A business has a break-even output of 300 units and currently sells 450 units. Calculate its margin of safety.
- 10th September 1999Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
- 11th September 1999Identify one item usually included in a contract of employment.
- 12th September 1999Explain one disadvantage of on-the-job training.
- 13th September 1999State one way a business can differentiate through customer service.
- 14th September 1999Explain why a business's market share could fall even if its own sales revenue is rising.
- 15th September 1999Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?
- 16th September 1999A business sells 4,000 units at 10 pounds each. Calculate its total revenue.
- 17th September 1999What is an extension strategy?
- 18th September 1999Explain why quality matters more for a business selling online than for a market stall.
- 19th September 1999Explain why external failure usually costs more per unit than internal failure.
- 20th September 1999A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
- 21st September 1999State the number of owners a standard partnership usually has.
- 22nd September 1999Define what is meant by the dynamic nature of the business environment.
- 23rd September 1999Give one way a business could improve its working capital.
- 24th September 1999State the formula for net profit.
- 25th September 1999Give one advantage of a wide span of control.
- 26th September 1999Give one non-financial method of motivation.
- 27th September 1999Explain why automation can reduce a business's unit costs.
- 28th September 1999Give an example of an indirect tax.
- 29th September 1999State what CPI stands for.
- 30th September 1999What should be the starting point when designing a marketing mix?