Daily Practice · GCSE Business
April 2004 5-a-day
Every sheet in April 2004
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2004Identify one risk of decentralisation.
- 2nd April 2004A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 3rd April 2004Explain what fit for purpose means under consumer law.
- 4th April 2004Define an export.
- 5th April 2004State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 6th April 2004Why should the 4Ps be based on the results of market segmentation?
- 7th April 2004True or false: the correct balance of the design mix is the same for every product.
- 8th April 2004State two costs of holding too much stock.
- 9th April 2004Explain one risk of sourcing from overseas.
- 10th April 2004Define overtrading.
- 11th April 2004State one method a business can use to add value to its product.
- 12th April 2004Explain why access to good transport links matters to a business that delivers goods nationally.
- 13th April 2004What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 14th April 2004What does 'break-even' mean?
- 15th April 2004State two factors a business owner should consider when choosing a source of finance.
- 16th April 2004State what a contract of employment sets out.
- 17th April 2004State one disadvantage of off-the-job training.
- 18th April 2004Define differentiation.
- 19th April 2004State one effect of strong competition on the prices a business can charge.
- 20th April 2004A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 21st April 2004Which pricing strategy involves setting a low price to enter a market and quickly build market share?
- 22nd April 2004What two factors does the Boston Matrix measure?
- 23rd April 2004A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 24th April 2004Give three ways a business can identify quality problems.
- 25th April 2004Identify whether rent is a fixed cost or a variable cost.
- 26th April 2004State the ownership structure that has one owner and unlimited liability.
- 27th April 2004Explain why spotting a trend early can benefit an entrepreneur.
- 28th April 2004Why is cash considered more liquid than stock, even though both can be current assets?
- 29th April 2004What does the income statement show?
- 30th April 2004State one disadvantage of a narrow span of control.