Daily Practice · GCSE Business
March 2005 5-a-day
Every sheet in March 2005
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2005Give one advantage and one drawback of trade credit.
- 2nd March 2005What is capital expenditure?
- 3rd March 2005Identify one document a candidate usually submits when applying for a job.
- 4th March 2005Identify the term for a qualification or skill that is useful but not required for a role.
- 5th March 2005Explain one benefit to a business of complying fully with employment and health and safety law.
- 6th March 2005Define legislation.
- 7th March 2005Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 8th March 2005Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 9th March 2005What is meant by 'brand equity'?
- 10th March 2005Explain how trade credit affects a small business's cash flow.
- 11th March 2005Explain one risk of removing all buffer stock as part of lean production.
- 12th March 2005Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 13th March 2005Give one example of a primary market research method.
- 14th March 2005State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 15th March 2005State one drawback of using an overdraft to solve a cash-flow problem.
- 16th March 2005A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 17th March 2005If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 18th March 2005Give one indirect cost of training.
- 19th March 2005Give one example of a motivator under Herzberg's theory.
- 20th March 2005State one way a business can benefit from being seen as environmentally friendly.
- 21st March 2005State what pay-per-click (PPC) advertising means.
- 22nd March 2005What is search engine optimisation, and what is its purpose in marketing?
- 23rd March 2005What is public relations?
- 24th March 2005State two advantages of flow production.
- 25th March 2005Explain why product knowledge reduces returns as well as increasing sales.
- 26th March 2005Give one example of a business adapting successfully to a change in its external environment.
- 27th March 2005Give an example of a want, as opposed to a need.
- 28th March 2005Explain why a business's aims might change after it takes on outside investors.
- 29th March 2005State one external cause of new business failure.
- 30th March 2005A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 31st March 2005Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.