Daily Practice · GCSE Business
October 2006 5-a-day
Every sheet in October 2006
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2006Explain one benefit of computer aided design.
- 2nd October 2006State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 3rd October 2006Identify one source of new business ideas, other than spotting a gap in the market.
- 4th October 2006Define the term stakeholder.
- 5th October 2006State one reason a franchise is generally considered lower risk than an independent start-up.
- 6th October 2006Give one advantage and one drawback of trade credit.
- 7th October 2006What is revenue expenditure?
- 8th October 2006Explain one disadvantage of external recruitment.
- 9th October 2006Explain one benefit to a business of using a person specification when shortlisting applicants.
- 10th October 2006Name the UK law that makes it illegal to discriminate against employees based on protected characteristics such as age, sex or disability.
- 11th October 2006State the difference between legislation and ethics.
- 12th October 2006Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 13th October 2006Name the four stages of the product life cycle in order.
- 14th October 2006What is a 'brand extension'?
- 15th October 2006Give one reason a business might pay more to source locally.
- 16th October 2006A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.
- 17th October 2006State one way a business might respond to falling consumer spending during a recession.
- 18th October 2006Explain why a business should carry out market research before launching a new product.
- 19th October 2006State one section usually included in a business plan.
- 20th October 2006Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
- 21st October 2006State the formula for a month's closing balance.
- 22nd October 2006If a business successfully cuts its variable cost per unit while keeping its selling price the same, what happens to its break-even output?
- 23rd October 2006Identify one direct cost of training.
- 24th October 2006Explain why, according to Herzberg, simply raising pay may not increase motivation.
- 25th October 2006Define business ethics.
- 26th October 2006Give one reason e-commerce might exclude some customers.
- 27th October 2006Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 28th October 2006Why must promotion be consistent with the rest of the marketing mix?
- 29th October 2006A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 30th October 2006List four stages of a typical sales process.
- 31st October 2006State one reason a change in consumer tastes might force a food business to change its menu.