Daily Practice · GCSE Business
January 2002 5-a-day
Every sheet in January 2002
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2002State one section usually included in a business plan.
- 2nd January 2002What is overtrading?
- 3rd January 2002What is the difference between a cash inflow and a cash outflow?
- 4th January 2002A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 5th January 2002State the difference between training and development.
- 6th January 2002Identify one example of a hygiene factor.
- 7th January 2002Explain why there can be a trade-off between acting ethically and making a profit.
- 8th January 2002Define e-commerce.
- 9th January 2002What is e-commerce?
- 10th January 2002What is the difference between above the line and below the line promotion?
- 11th January 2002Explain why flow production is risky if demand is unpredictable.
- 12th January 2002Give three examples of after-sales service.
- 13th January 2002State one reason a change in consumer tastes might force a food business to change its menu.
- 14th January 2002State one reason why entrepreneurs take on risk when starting a business.
- 15th January 2002Identify one common aim of a brand new start-up business.
- 16th January 2002State one internal cause of new business failure.
- 17th January 2002A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 18th January 2002What does the gross profit margin measure?
- 19th January 2002Explain one advantage of decentralisation.
- 20th January 2002State one method a business could use to improve staff retention.
- 21st January 2002Name the main UK law protecting consumers when buying goods.
- 22nd January 2002State one way improved transport has supported globalisation.
- 23rd January 2002State what it means when the pound depreciates.
- 24th January 2002Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 25th January 2002Give one example of an aesthetic feature of a product.
- 26th January 2002State two consequences of holding too little stock.
- 27th January 2002Give one reason a business might publicise its supplier standards.
- 28th January 2002Give one example of an economy of scale.
- 29th January 2002State one risk of trying to compete only by cutting price rather than adding genuine value.
- 30th January 2002State one factor that influences where a business chooses to locate.
- 31st January 2002Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.