Daily Practice · GCSE Business
June 2003 5-a-day
Every sheet in June 2003
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2003Identify one example of a hygiene factor.
- 2nd June 2003Explain why there can be a trade-off between acting ethically and making a profit.
- 3rd June 2003Define e-commerce.
- 4th June 2003What is e-commerce?
- 5th June 2003What is the difference between above the line and below the line promotion?
- 6th June 2003Explain why flow production is risky if demand is unpredictable.
- 7th June 2003Give three examples of after-sales service.
- 8th June 2003State one type of external change that can affect how a business operates.
- 9th June 2003State one reason why entrepreneurs take on risk when starting a business.
- 10th June 2003Identify one common aim of a brand new start-up business.
- 11th June 2003Identify the term for a business having too little start-up finance to survive its early months.
- 12th June 2003A 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.
- 13th June 2003What does the gross profit margin measure?
- 14th June 2003Explain one advantage of decentralisation.
- 15th June 2003State one method a business could use to improve staff retention.
- 16th June 2003Name the main UK law protecting consumers when buying goods.
- 17th June 2003State one way improved transport has supported globalisation.
- 18th June 2003State what it means when the pound depreciates.
- 19th June 2003Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 20th June 2003Give one example of an aesthetic feature of a product.
- 21st June 2003State two consequences of holding too little stock.
- 22nd June 2003Give one reason a business might publicise its supplier standards.
- 23rd June 2003State one risk specific to growth through a merger or takeover, other than cost.
- 24th June 2003Define adding value in a business context.
- 25th June 2003Identify which location factor matters most to a business that relies heavily on passing trade.
- 26th June 2003Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 27th June 2003State the formula for break-even output.
- 28th June 2003Why can a sole trader not raise finance through share capital?
- 29th June 2003State one reason a business might prefer full-time contracts for its key staff.
- 30th June 2003Identify one example of off-the-job training.