Daily Practice · GCSE Business
January 2005 5-a-day
Every sheet in January 2005
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2005Why can a profitable business still become insolvent?
- 2nd January 2005State the formula for net cash flow.
- 3rd January 2005The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.
- 4th January 2005State one way a business could measure whether training has been effective.
- 5th January 2005State what Herzberg claimed happens if hygiene factors are inadequate.
- 6th January 2005State one example of an environmental issue a business might cause.
- 7th January 2005State one benefit of e-commerce over selling in a physical shop.
- 8th January 2005Give one benefit to a small business of selling through e-commerce rather than only a physical store.
- 9th January 2005What is sponsorship, in a marketing context?
- 10th January 2005A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.
- 11th January 2005State two costs of providing excellent customer service.
- 12th January 2005Explain why a change in the law can force a business to change how it operates.
- 13th January 2005What term describes the process of identifying a gap in the market and taking the risk to fill it?
- 14th January 2005State the difference between an aim and an objective.
- 15th January 2005Explain why a profitable business can still fail.
- 16th January 2005State the formula for net profit margin.
- 17th January 2005Why is comparing a ratio to a previous year usually more useful than looking at the ratio for a single year alone?
- 18th January 2005State one reason a business might delayer its structure.
- 19th January 2005Identify one cost to a business of high staff turnover.
- 20th January 2005Give one remedy available to a consumer after the 30-day period has passed.
- 21st January 2005State what a tariff is.
- 22nd January 2005If the exchange rate is 1 pound = 1.20 euros and a UK business imports goods costing 6,000 euros, calculate the cost in pounds.
- 23rd January 2005State one decision a business makes under 'Place'.
- 24th January 2005Why does increasing a product's function or aesthetics usually increase its cost?
- 25th January 2005Why is stock control especially important for a business selling fresh food?
- 26th January 2005A supplier charges 4.80 pounds a unit for orders under 500 and 4.20 pounds for orders of 500 or more. A business needs 480 units. Should it order 500? Explain.
- 27th January 2005State the difference between organic and external growth.
- 28th January 2005Identify why adding value can be more attractive to a business than competing purely on low price.
- 29th January 2005State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 30th January 2005A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
- 31st January 2005State the formula for contribution per unit.