Daily Practice · GCSE Business
July 2006 5-a-day
Every sheet in July 2006
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2006Explain why a monopoly business can often charge higher prices.
- 2nd July 2006A survey of 200 people found 90 preferred Brand A. Calculate the percentage who preferred Brand A.
- 3rd July 2006A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 4th July 2006What is a 'cash cow' in the Boston Matrix?
- 5th July 2006Explain one benefit of making each worker responsible for checking their own work.
- 6th July 2006A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
- 7th July 2006Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 8th July 2006Identify the abbreviation added to the end of a private limited company's name.
- 9th July 2006Identify one source of change that can create new business opportunities.
- 10th July 2006What is the key difference between cash and profit?
- 11th July 2006A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 12th July 2006State one feature of a tall organisational structure.
- 13th July 2006Explain one drawback of relying only on financial rewards to motivate staff.
- 14th July 2006State one function of a business that can be affected by new technology.
- 15th July 2006Define a recession.
- 16th July 2006Define inflation.
- 17th July 2006Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 18th July 2006Why might a business use both a website and physical stores rather than just one?
- 19th July 2006Explain one benefit and one risk of using a chatbot for customer enquiries.
- 20th July 2006State two drawbacks of automating a production line.
- 21st July 2006State what a franchisee pays a franchisor for.
- 22nd July 2006State one quality commonly associated with successful entrepreneurs.
- 23rd July 2006State one interest a supplier has in the businesses it supplies.
- 24th July 2006Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 25th July 2006A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 26th July 2006What is capital expenditure?
- 27th July 2006Identify one document a candidate usually submits when applying for a job.
- 28th July 2006Identify the term for a qualification or skill that is useful but not required for a role.
- 29th July 2006Explain one benefit to a business of complying fully with employment and health and safety law.
- 30th July 2006Define legislation.
- 31st July 2006State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.