Daily Practice · GCSE Business
July 2000 5-a-day
Every sheet in July 2000
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2000Explain how strong branding can help a business differentiate.
- 2nd July 2000Give one benefit to consumers of a highly competitive market.
- 3rd July 2000What is meant by a 'random sample'?
- 4th July 2000Give one market condition that makes price skimming an appropriate strategy.
- 5th July 2000Give one example of an extension strategy.
- 6th July 2000Give three costs to a business of poor quality.
- 7th July 2000Why should a business look for the cause rather than fixing each faulty item?
- 8th July 2000State the formula for total revenue.
- 9th July 2000State where the shares of a public limited company (plc) can be bought and sold.
- 10th July 2000Identify one source of change that can create new business opportunities.
- 11th July 2000Explain, in one sentence, how a profitable business could still run out of cash.
- 12th July 2000What equation must always balance on a statement of financial position?
- 13th July 2000Explain what chain of command means.
- 14th July 2000State the difference between a wage and a salary.
- 15th July 2000Define computer-aided manufacture (CAM).
- 16th July 2000Explain why rising unemployment during a recession can reduce a business's sales.
- 17th July 2000Explain one effect of a rise in interest rates on a business with a variable-rate loan.
- 18th July 2000A business raises its price significantly to reposition as premium. Name one other element of the mix it is also likely to need to change.
- 19th July 2000Give one cost e-commerce can reduce for a small business compared with running physical stores.
- 20th July 2000Define e-commerce and give one benefit for a small business.
- 21st July 2000Explain how stock control software reduces costs.
- 22nd July 2000State what a franchisee pays a franchisor for.
- 23rd July 2000State one quality commonly associated with successful entrepreneurs.
- 24th July 2000State one reason shareholder and employee interests can conflict.
- 25th July 2000Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 26th July 2000What is crowdfunding?
- 27th July 2000Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?
- 28th July 2000State the difference between recruitment and selection.
- 29th July 2000Identify one item typically found in a job description.
- 30th July 2000State what the National Minimum Wage and National Living Wage are.
- 31st July 2000State one area of business legislation.