Daily Practice · GCSE Business
February 2000 5-a-day
Every sheet in February 2000
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2000What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 2nd February 2000What does 'break-even' mean?
- 3rd February 2000State two factors a business owner should consider when choosing a source of finance.
- 4th February 2000State what a contract of employment sets out.
- 5th February 2000State one disadvantage of off-the-job training.
- 6th February 2000Define differentiation.
- 7th February 2000State one effect of strong competition on the prices a business can charge.
- 8th February 2000A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 9th February 2000A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 10th February 2000What two factors does the Boston Matrix measure?
- 11th February 2000A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 12th February 2000Give three ways a business can identify quality problems.
- 13th February 2000Identify whether rent is a fixed cost or a variable cost.
- 14th February 2000State the ownership structure that has one owner and unlimited liability.
- 15th February 2000Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
- 16th February 2000Why is cash considered more liquid than stock, even though both can be current assets?
- 17th February 2000A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 18th February 2000State one disadvantage of a narrow span of control.
- 19th February 2000Identify one example of job enrichment.
- 20th February 2000State one risk to a business of storing customer data online.
- 21st February 2000State one type of business that might see demand rise during a recession.
- 22nd February 2000Define unemployment.
- 23rd February 2000True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 24th February 2000What is a wholesaler?
- 25th February 2000Give one operational cost that e-commerce creates which a shop does not have.
- 26th February 2000Why does technology investment need to be judged against demand rather than cost alone?
- 27th February 2000Give one advantage of buying a franchise rather than starting an entirely independent business.
- 28th February 2000State one way an entrepreneur could generate a business idea without inventing something completely new.
- 29th February 2000Identify whether shareholders are internal or external stakeholders.