Daily Practice · GCSE Business
January 2001 5-a-day
Every sheet in January 2001
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2001Identify one external stakeholder who might ask to see a business plan before providing finance.
- 2nd January 2001State one drawback of using an overdraft to solve a cash-flow problem.
- 3rd January 2001A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 4th January 2001If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 5th January 2001Give one indirect cost of training.
- 6th January 2001Give one example of a motivator under Herzberg's theory.
- 7th January 2001State one way a business can benefit from being seen as environmentally friendly.
- 8th January 2001State what pay-per-click (PPC) advertising means.
- 9th January 2001What is search engine optimisation, and what is its purpose in marketing?
- 10th January 2001What is public relations?
- 11th January 2001State two advantages of flow production.
- 12th January 2001Explain why product knowledge reduces returns as well as increasing sales.
- 13th January 2001State one type of external change that can affect how a business operates.
- 14th January 2001Give an example of a want, as opposed to a need.
- 15th January 2001Explain why a business's aims might change after it takes on outside investors.
- 16th January 2001Identify the term for a business having too little start-up finance to survive its early months.
- 17th January 2001A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 18th January 2001Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.
- 19th January 2001Give one advantage of centralisation.
- 20th January 2001Identify what a persistently high labour turnover rate might suggest about a business.
- 21st January 2001Explain why accurate product descriptions benefit a business, as well as being a legal requirement.
- 22nd January 2001Give one reason globalisation has increased competition for UK businesses.
- 23rd January 2001Define exchange rate.
- 24th January 2001True or false: each element of the marketing mix should be decided independently of the others.
- 25th January 2001A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?
- 26th January 2001Explain how buffer stock protects a business, and state its cost.
- 27th January 2001Explain how credit terms can matter more than price to a small business.
- 28th January 2001State one risk specific to growth through a merger or takeover, other than cost.
- 29th January 2001Define adding value in a business context.
- 30th January 2001Identify which location factor matters most to a business that relies heavily on passing trade.
- 31st January 2001Why might a profitable business still need extra finance?