Daily Practice · GCSE Business
March 2006 5-a-day
Every sheet in March 2006
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2006Why might a sole trader be unable to raise finance through share capital?
- 2nd March 2006Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?
- 3rd March 2006State the difference between recruitment and selection.
- 4th March 2006Identify one item typically found in a job description.
- 5th March 2006State what the National Minimum Wage and National Living Wage are.
- 6th March 2006State one area of business legislation.
- 7th March 2006A business segments its market by income. Give one product example that suits income-based segmentation.
- 8th March 2006Why is cash flow often negative during the introduction stage?
- 9th March 2006State one risk of a poorly judged brand extension.
- 10th March 2006Define supply chain.
- 11th March 2006Why does higher productivity usually reduce unit cost?
- 12th March 2006Identify what typically happens to unemployment during a recession.
- 13th March 2006State one characteristic a business might use to segment its market.
- 14th March 2006Explain why a business plan is not a guarantee of success.
- 15th March 2006What is overtrading?
- 16th March 2006What is the difference between a cash inflow and a cash outflow?
- 17th March 2006A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 18th March 2006State the difference between training and development.
- 19th March 2006Identify one example of a hygiene factor.
- 20th March 2006Explain why there can be a trade-off between acting ethically and making a profit.
- 21st March 2006Define e-commerce.
- 22nd March 2006What is e-commerce?
- 23rd March 2006What is the difference between above the line and below the line promotion?
- 24th March 2006Explain why flow production is risky if demand is unpredictable.
- 25th March 2006Give three examples of after-sales service.
- 26th March 2006Explain why a change in the law can force a business to change how it operates.
- 27th March 2006State one reason why entrepreneurs take on risk when starting a business.
- 28th March 2006Identify one common aim of a brand new start-up business.
- 29th March 2006Explain why a profitable business can still fail.
- 30th March 2006A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 31st March 2006What does the gross profit margin measure?