Daily Practice · GCSE Business
December 2004 5-a-day
Every sheet in December 2004
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2004Explain the difference between limited and unlimited liability in one sentence.
- 2nd December 2004Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
- 3rd December 2004A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 4th December 2004A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 5th December 2004A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 6th December 2004State one non-financial reward that could improve staff motivation without extra pay.
- 7th December 2004Explain one reason a small business might be slower than a large business to adopt new technology.
- 8th December 2004Explain why a rise in corporation tax could reduce how much a business invests.
- 9th December 2004Explain one way high unemployment could benefit a business's recruitment.
- 10th December 2004State one consequence for a business of running an inconsistent marketing mix.
- 11th December 2004State one advantage of an indirect distribution channel.
- 12th December 2004Explain why social media complaints need a faster response than emails.
- 13th December 2004A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 14th December 2004Give one advantage of buying a franchise rather than starting an entirely independent business.
- 15th December 2004State one way an entrepreneur could generate a business idea without inventing something completely new.
- 16th December 2004Identify whether the local community is an internal or external stakeholder.
- 17th December 2004Define reward in the context of enterprise.
- 18th December 2004A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 19th December 2004Is paying the electricity bill capital or revenue expenditure? Explain.
- 20th December 2004State one selection method used to test a candidate's communication skills.
- 21st December 2004Give one item typically found in a person specification.
- 22nd December 2004Give one cost to a business of providing full health and safety training to all staff.
- 23rd December 2004Give an example of a data protection duty a business has.
- 24th December 2004State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 25th December 2004What shape does a typical product life cycle sales graph take?
- 26th December 2004Why can strong branding allow a business to charge a premium price?
- 27th December 2004Give three criteria a business uses when choosing a supplier.
- 28th December 2004State two benefits of cell production compared with a long assembly line.
- 29th December 2004Identify what typically happens to unemployment during a recession.
- 30th December 2004State one characteristic a business might use to segment its market.
- 31st December 2004Explain why a business plan is not a guarantee of success.