Daily Practice · GCSE Business
July 2005 5-a-day
Every sheet in July 2005
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2005State one way a business could respond to a new competitor entering the market.
- 2nd July 2005A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 3rd July 2005What is price discrimination?
- 4th July 2005What is a 'star' in the Boston Matrix?
- 5th July 2005What is continuous improvement, and why does it depend on employees?
- 6th July 2005Give one reason employees are a good source of information about quality problems.
- 7th July 2005A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 8th July 2005Name a well-known UK public limited company.
- 9th July 2005Explain why spotting a trend early can benefit an entrepreneur.
- 10th July 2005State the formula for working capital.
- 11th July 2005What does the statement of financial position show?
- 12th July 2005State what span of control measures.
- 13th July 2005Identify one financial method of motivation.
- 14th July 2005State one cost to a business of introducing new technology.
- 15th July 2005Give an example of a direct tax.
- 16th July 2005Define interest rate.
- 17th July 2005Why is it useful to check a marketing mix against market segmentation data before evaluating it?
- 18th July 2005What does 'omnichannel distribution' mean?
- 19th July 2005State two ways a website improves customer service without any staff involvement.
- 20th July 2005Give one way e-commerce changes a small retailer's operations.
- 21st July 2005State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 22nd July 2005Identify one source of new business ideas, other than spotting a gap in the market.
- 23rd July 2005Give one interest the government has as a stakeholder in a business.
- 24th July 2005State one reason a franchise is generally considered lower risk than an independent start-up.
- 25th July 2005A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 26th July 2005Is buying a new shop premises capital or revenue expenditure? Explain.
- 27th July 2005Identify one method of external recruitment.
- 28th July 2005State one recruitment document used to help write a job advert.
- 29th July 2005Name the UK law that requires employers to protect the health, safety and welfare of their employees.
- 30th July 2005Explain why legislation is described as an external influence on business.
- 31st July 2005Name three variables a business could use to segment a market.