Daily Practice · GCSE Business
May 2004 5-a-day
Every sheet in May 2004
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2004Identify one example of job enrichment.
- 2nd May 2004State one risk to a business of storing customer data online.
- 3rd May 2004State one type of business that might see demand rise during a recession.
- 4th May 2004Define unemployment.
- 5th May 2004True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 6th May 2004What is a wholesaler?
- 7th May 2004Give one operational cost that e-commerce creates which a shop does not have.
- 8th May 2004Why does technology investment need to be judged against demand rather than cost alone?
- 9th May 2004State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 10th May 2004Identify one source of new business ideas, other than spotting a gap in the market.
- 11th May 2004Identify whether shareholders are internal or external stakeholders.
- 12th May 2004State one reason a franchise is generally considered lower risk than an independent start-up.
- 13th May 2004State one advantage of an overdraft as a source of finance.
- 14th May 2004A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 15th May 2004Give one advantage of internal recruitment.
- 16th May 2004State one risk to a business of recruiting without a clear job description.
- 17th May 2004Give one example of a protected characteristic under the Equality Act 2010.
- 18th May 2004State one risk to a business of breaking the law.
- 19th May 2004Give one example of a primary research method.
- 20th May 2004True or false: every product follows the product life cycle at the same speed.
- 21st May 2004Give one benefit to a business of strong brand recognition.
- 22nd May 2004Why can poor conditions at a supplier damage a business that does not own that supplier?
- 23rd May 2004Give one reason a business might prefer lean methods to buying automated machinery.
- 24th May 2004State one way a business might respond to falling consumer spending during a recession.
- 25th May 2004Explain why a business should carry out market research before launching a new product.
- 26th May 2004State one section usually included in a business plan.
- 27th May 2004Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 28th May 2004Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 29th May 2004A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 30th May 2004State one benefit of training to a business.
- 31st May 2004Identify which category opportunities for promotion belongs to under Herzberg's theory.