Daily Practice · GCSE Business
April 2000 5-a-day
Every sheet in April 2000
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2000Name one limitation of using ratio analysis to judge business performance.
- 2nd April 2000Identify one likely effect of delayering on remaining managers' span of control.
- 3rd April 2000Give one non-pay reason an employee might leave a job.
- 4th April 2000State the length of the short-term right to reject faulty goods for a full refund.
- 5th April 2000Define an import.
- 6th April 2000Using the same order, if the pound then depreciates to 1 pound = 1.00 euro, calculate the new cost in pounds and state whether the importer is better or worse off.
- 7th April 2000Give one example of a 'Product' decision, other than its physical features.
- 8th April 2000State one reason a business selling in a highly price-sensitive, budget market might deliberately limit a product's aesthetics.
- 9th April 2000Define lead time.
- 10th April 2000List five criteria a business uses to choose a supplier.
- 11th April 2000State the difference between organic and external growth.
- 12th April 2000Identify why adding value can be more attractive to a business than competing purely on low price.
- 13th April 2000State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 14th April 2000Give one example of a start-up cost for a new hairdressing salon.
- 15th April 2000On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
- 16th April 2000A start-up needs 200,000 pounds to buy premises it will use for the next 20 years. Is this a short-term or a long-term finance need? Explain.
- 17th April 2000Explain one advantage to an employee of flexible working.
- 18th April 2000State one benefit of off-the-job training over on-the-job training.
- 19th April 2000Define a unique selling point (USP).
- 20th April 2000Define market share.
- 21st April 2000A pie chart shows a business's sales by region: North 20%, South 45%, East 15%, West 20%. Which region has the smallest share of sales?
- 22nd April 2000What is cost-plus pricing?
- 23rd April 2000Why might a business keep a 'dog' product in its portfolio, rather than withdrawing it immediately?
- 24th April 2000State the difference between quality control and quality assurance.
- 25th April 2000Distinguish between internal and external failure costs.
- 26th April 2000Explain the two ways a business can increase its profit.
- 27th April 2000Give one document that partners typically draw up when forming a partnership.
- 28th April 2000Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 29th April 2000Give one example of a current asset and one example of a current liability.
- 30th April 2000Give one example of an asset and one example of a liability on a statement of financial position.