Daily Practice · GCSE Business
October 2002 5-a-day
Every sheet in October 2002
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2002State two ways a website improves customer service without any staff involvement.
- 2nd October 2002Give one way e-commerce changes a small retailer's operations.
- 3rd October 2002Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 4th October 2002Define entrepreneur.
- 5th October 2002Give one interest the government has as a stakeholder in a business.
- 6th October 2002Explain the general relationship between risk and potential reward in business.
- 7th October 2002State one advantage of an overdraft as a source of finance.
- 8th October 2002Is buying a new shop premises capital or revenue expenditure? Explain.
- 9th October 2002Identify one method of external recruitment.
- 10th October 2002State one recruitment document used to help write a job advert.
- 11th October 2002Name the UK law that requires employers to protect the health, safety and welfare of their employees.
- 12th October 2002Explain why legislation is described as an external influence on business.
- 13th October 2002Give one example of a primary research method.
- 14th October 2002State one marketing mix change a business might make during the decline stage.
- 15th October 2002What is brand loyalty?
- 16th October 2002State one advantage and one disadvantage of using a single supplier.
- 17th October 2002Explain what kaizen means and why employee involvement is essential to it.
- 18th October 2002Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 19th October 2002Give one example of a primary market research method.
- 20th October 2002State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 21st October 2002What is meant by a 'cash-flow problem'?
- 22nd October 2002A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 23rd October 2002Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 24th October 2002Identify one legal reason a business must provide training.
- 25th October 2002State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 26th October 2002Explain one risk to a business of being exposed for unethical behaviour.
- 27th October 2002Define search engine optimisation (SEO).
- 28th October 2002State one risk to a business's reputation created by social media and online reviews.
- 29th October 2002Give one advantage of digital promotion over traditional above the line advertising.
- 30th October 2002Give one reason a job production business might charge a higher price.
- 31st October 2002How can good customer service justify a higher price?