Daily Practice · GCSE Business
December 2000 5-a-day
Every sheet in December 2000
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2000Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 2nd December 2000Identify the abbreviation added to the end of a private limited company's name.
- 3rd December 2000Define what is meant by the dynamic nature of the business environment.
- 4th December 2000What is the key difference between cash and profit?
- 5th December 2000A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 6th December 2000State one feature of a tall organisational structure.
- 7th December 2000Explain one drawback of relying only on financial rewards to motivate staff.
- 8th December 2000State one function of a business that can be affected by new technology.
- 9th December 2000Define a recession.
- 10th December 2000Define inflation.
- 11th December 2000Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 12th December 2000Why might a business use both a website and physical stores rather than just one?
- 13th December 2000Explain one benefit and one risk of using a chatbot for customer enquiries.
- 14th December 2000State two drawbacks of automating a production line.
- 15th December 2000Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 16th December 2000Explain why determination matters when starting a new business.
- 17th December 2000State one interest a supplier has in the businesses it supplies.
- 18th December 2000Define risk in the context of enterprise.
- 19th December 2000Is retained profit an internal or an external source of finance?
- 20th December 2000What is capital expenditure?
- 21st December 2000Identify one document a candidate usually submits when applying for a job.
- 22nd December 2000Identify the term for a qualification or skill that is useful but not required for a role.
- 23rd December 2000Explain one benefit to a business of complying fully with employment and health and safety law.
- 24th December 2000Define legislation.
- 25th December 2000What is meant by a 'representative sample'?
- 26th December 2000Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 27th December 2000What is meant by 'brand equity'?
- 28th December 2000Explain how trade credit affects a small business's cash flow.
- 29th December 2000Explain one risk of removing all buffer stock as part of lean production.
- 30th December 2000Give one way rising consumer confidence in a boom might affect a business's decisions.
- 31st December 2000Give one disadvantage of relying only on secondary market research.