Daily Practice · GCSE Business
June 2001 5-a-day
Every sheet in June 2001
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2001State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 2nd June 2001Explain one risk to a business of being exposed for unethical behaviour.
- 3rd June 2001Define search engine optimisation (SEO).
- 4th June 2001State one risk to a business's reputation created by social media and online reviews.
- 5th June 2001Give one advantage of digital promotion over traditional above the line advertising.
- 6th June 2001Give one reason a job production business might charge a higher price.
- 7th June 2001How can good customer service justify a higher price?
- 8th June 2001Explain why a change in the law can force a business to change how it operates.
- 9th June 2001State the difference between a good and a service.
- 10th June 2001State one non-financial aim a business might have.
- 11th June 2001Explain why a profitable business can still fail.
- 12th June 2001State the formula for gross profit margin.
- 13th June 2001A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 14th June 2001Identify one risk of decentralisation.
- 15th June 2001A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 16th June 2001Explain what fit for purpose means under consumer law.
- 17th June 2001Define an export.
- 18th June 2001State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 19th June 2001Why should the 4Ps be based on the results of market segmentation?
- 20th June 2001True or false: the correct balance of the design mix is the same for every product.
- 21st June 2001State two costs of holding too much stock.
- 22nd June 2001Explain one risk of sourcing from overseas.
- 23rd June 2001State the difference between organic and external growth.
- 24th June 2001Identify why adding value can be more attractive to a business than competing purely on low price.
- 25th June 2001State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 26th June 2001What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 27th June 2001What does 'break-even' mean?
- 28th June 2001State two factors a business owner should consider when choosing a source of finance.
- 29th June 2001State what a contract of employment sets out.
- 30th June 2001State one disadvantage of off-the-job training.