Daily Practice · GCSE Business

October 2003 5-a-day

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October 2003

31 sheets · 155 questions · GCSE

Every sheet in October 2003

The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.

  1. 1st October 2003Explain one benefit and one risk of using a chatbot for customer enquiries.
  2. 2nd October 2003State two drawbacks of automating a production line.
  3. 3rd October 2003Give one advantage of buying a franchise rather than starting an entirely independent business.
  4. 4th October 2003State one way an entrepreneur could generate a business idea without inventing something completely new.
  5. 5th October 2003State one interest a supplier has in the businesses it supplies.
  6. 6th October 2003Define reward in the context of enterprise.
  7. 7th October 2003What is crowdfunding?
  8. 8th October 2003What is capital expenditure?
  9. 9th October 2003Identify one document a candidate usually submits when applying for a job.
  10. 10th October 2003Identify the term for a qualification or skill that is useful but not required for a role.
  11. 11th October 2003Explain one benefit to a business of complying fully with employment and health and safety law.
  12. 12th October 2003Define legislation.
  13. 13th October 2003Is '45% of customers said they would buy the product' quantitative or qualitative data?
  14. 14th October 2003Give one reason a fashion product might have a shorter product life cycle than a household appliance.
  15. 15th October 2003What is meant by 'brand equity'?
  16. 16th October 2003Explain how trade credit affects a small business's cash flow.
  17. 17th October 2003Explain one risk of removing all buffer stock as part of lean production.
  18. 18th October 2003Identify what typically happens to unemployment during a recession.
  19. 19th October 2003State one characteristic a business might use to segment its market.
  20. 20th October 2003Explain why a business plan is not a guarantee of success.
  21. 21st October 2003State one drawback of using an overdraft to solve a cash-flow problem.
  22. 22nd October 2003A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
  23. 23rd October 2003If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
  24. 24th October 2003Give one indirect cost of training.
  25. 25th October 2003Give one example of a motivator under Herzberg's theory.
  26. 26th October 2003State one way a business can benefit from being seen as environmentally friendly.
  27. 27th October 2003State what pay-per-click (PPC) advertising means.
  28. 28th October 2003What is search engine optimisation, and what is its purpose in marketing?
  29. 29th October 2003What is public relations?
  30. 30th October 2003State two advantages of flow production.
  31. 31st October 2003Explain why product knowledge reduces returns as well as increasing sales.