Daily Practice · GCSE Business
October 2001 5-a-day
Every sheet in October 2001
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2001A business handles 600 enquiries a month, each taking 5 minutes of staff time at 13 pounds an hour. Calculate the monthly labour cost.
- 2nd October 2001Define productivity and state the formula.
- 3rd October 2001State what a franchisee pays a franchisor for.
- 4th October 2001State one quality commonly associated with successful entrepreneurs.
- 5th October 2001Name one stakeholder group, other than shareholders and employees, that a new factory would affect.
- 6th October 2001Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 7th October 2001A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 8th October 2001On which financial statement does capital expenditure appear, and as what?
- 9th October 2001State one reason a business might use a recruitment agency rather than advertise a vacancy itself.
- 10th October 2001State the difference between a job description and a person specification.
- 11th October 2001State one duty an employer has under health and safety law.
- 12th October 2001Give one cost to a business of complying with new legislation.
- 13th October 2001State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 14th October 2001During which stage of the product life cycle are sales typically at their highest?
- 15th October 2001Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 16th October 2001Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 17th October 2001Define lean production.
- 18th October 2001State the three stages of the economic, or business, cycle referred to in this topic.
- 19th October 2001State the difference between primary and secondary market research.
- 20th October 2001Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 21st October 2001Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 22nd October 2001What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 23rd October 2001Give one possible drawback of raising the selling price to lower the break-even output.
- 24th October 2001Explain one reason training can improve staff motivation.
- 25th October 2001State who developed the two-factor theory of motivation.
- 26th October 2001State one example of an unethical business practice.
- 27th October 2001Explain what click-through rate measures.
- 28th October 2001Why can online price comparison tools increase competition between businesses?
- 29th October 2001Give one example of a sales promotion technique.
- 30th October 2001Explain one drawback of batch production.
- 31st October 2001Explain why keeping an existing customer is usually cheaper than winning a new one.