Daily Practice · GCSE Business
August 2004 5-a-day
Every sheet in August 2004
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2004During which stage of the product life cycle are sales typically at their highest?
- 2nd August 2004Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 3rd August 2004Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 4th August 2004Define lean production.
- 5th August 2004Give one way rising consumer confidence in a boom might affect a business's decisions.
- 6th August 2004Give one disadvantage of relying only on secondary market research.
- 7th August 2004Identify one external stakeholder who might ask to see a business plan before providing finance.
- 8th August 2004Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 9th August 2004What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 10th August 2004Give one possible drawback of raising the selling price to lower the break-even output.
- 11th August 2004Explain one reason training can improve staff motivation.
- 12th August 2004State who developed the two-factor theory of motivation.
- 13th August 2004State one example of an unethical business practice.
- 14th August 2004Explain what click-through rate measures.
- 15th August 2004Why can online price comparison tools increase competition between businesses?
- 16th August 2004Give one example of a sales promotion technique.
- 17th August 2004Explain one drawback of batch production.
- 18th August 2004Explain why keeping an existing customer is usually cheaper than winning a new one.
- 19th August 2004State one type of external change that can affect how a business operates.
- 20th August 2004Identify whether a haircut is a good or a service.
- 21st August 2004What does the M stand for in a SMART objective?
- 22nd August 2004Identify the term for a business having too little start-up finance to survive its early months.
- 23rd August 2004Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 24th August 2004A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 25th August 2004State what delayering means.
- 26th August 2004State the formula for labour turnover rate.
- 27th August 2004State one cost to a business of dealing with a faulty product return.
- 28th August 2004Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 29th August 2004State what it means when the pound appreciates.
- 30th August 2004Name the 4Ps of the marketing mix.
- 31st August 2004What does 'function' mean in the design mix?