Daily Practice · GCSE Business
March 2002 5-a-day
Every sheet in March 2002
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2002Define risk in the context of enterprise.
- 2nd March 2002What is crowdfunding?
- 3rd March 2002Is paying the electricity bill capital or revenue expenditure? Explain.
- 4th March 2002State one selection method used to test a candidate's communication skills.
- 5th March 2002Give one item typically found in a person specification.
- 6th March 2002Give one cost to a business of providing full health and safety training to all staff.
- 7th March 2002Give an example of a data protection duty a business has.
- 8th March 2002Is '45% of customers said they would buy the product' quantitative or qualitative data?
- 9th March 2002What shape does a typical product life cycle sales graph take?
- 10th March 2002Why can strong branding allow a business to charge a premium price?
- 11th March 2002Give three criteria a business uses when choosing a supplier.
- 12th March 2002State two benefits of cell production compared with a long assembly line.
- 13th March 2002Give one way rising consumer confidence in a boom might affect a business's decisions.
- 14th March 2002Give one disadvantage of relying only on secondary market research.
- 15th March 2002Identify one external stakeholder who might ask to see a business plan before providing finance.
- 16th March 2002Why can a profitable business still become insolvent?
- 17th March 2002State the formula for net cash flow.
- 18th March 2002The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.
- 19th March 2002State one way a business could measure whether training has been effective.
- 20th March 2002State what Herzberg claimed happens if hygiene factors are inadequate.
- 21st March 2002State one example of an environmental issue a business might cause.
- 22nd March 2002State one benefit of e-commerce over selling in a physical shop.
- 23rd March 2002Give one benefit to a small business of selling through e-commerce rather than only a physical store.
- 24th March 2002What is sponsorship, in a marketing context?
- 25th March 2002A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.
- 26th March 2002State two costs of providing excellent customer service.
- 27th March 2002State one type of external change that can affect how a business operates.
- 28th March 2002What term describes the process of identifying a gap in the market and taking the risk to fill it?
- 29th March 2002State the difference between an aim and an objective.
- 30th March 2002Identify the term for a business having too little start-up finance to survive its early months.
- 31st March 2002State the formula for net profit margin.