Daily Practice · GCSE Business
September 2005 5-a-day
Every sheet in September 2005
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 2005State two costs of holding too much stock.
- 2nd September 2005Explain one risk of sourcing from overseas.
- 3rd September 2005Give one example of an economy of scale.
- 4th September 2005State one risk of trying to compete only by cutting price rather than adding genuine value.
- 5th September 2005State one factor that influences where a business chooses to locate.
- 6th September 2005What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 7th September 2005What does 'break-even' mean?
- 8th September 2005State two factors a business owner should consider when choosing a source of finance.
- 9th September 2005State what a contract of employment sets out.
- 10th September 2005State one disadvantage of off-the-job training.
- 11th September 2005Define differentiation.
- 12th September 2005State one effect of strong competition on the prices a business can charge.
- 13th September 2005A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 14th September 2005What is a loss leader?
- 15th September 2005What two factors does the Boston Matrix measure?
- 16th September 2005A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 17th September 2005Give three ways a business can identify quality problems.
- 18th September 2005Identify whether rent is a fixed cost or a variable cost.
- 19th September 2005State the ownership structure that has one owner and unlimited liability.
- 20th September 2005Define what is meant by the dynamic nature of the business environment.
- 21st September 2005Why is cash considered more liquid than stock, even though both can be current assets?
- 22nd September 2005A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 23rd September 2005State one disadvantage of a narrow span of control.
- 24th September 2005Identify one example of job enrichment.
- 25th September 2005State one risk to a business of storing customer data online.
- 26th September 2005State one type of business that might see demand rise during a recession.
- 27th September 2005Define unemployment.
- 28th September 2005True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 29th September 2005What is a wholesaler?
- 30th September 2005Give one operational cost that e-commerce creates which a shop does not have.