Daily Practice · GCSE Business
January 2007 5-a-day
Every sheet in January 2007
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2007What is meant by a 'cash-flow problem'?
- 2nd January 2007A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 3rd January 2007Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 4th January 2007Identify one legal reason a business must provide training.
- 5th January 2007State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 6th January 2007Explain one risk to a business of being exposed for unethical behaviour.
- 7th January 2007Define search engine optimisation (SEO).
- 8th January 2007State one risk to a business's reputation created by social media and online reviews.
- 9th January 2007Give one advantage of digital promotion over traditional above the line advertising.
- 10th January 2007Give one reason a job production business might charge a higher price.
- 11th January 2007How can good customer service justify a higher price?
- 12th January 2007State one type of external change that can affect how a business operates.
- 13th January 2007State the difference between a good and a service.
- 14th January 2007State one non-financial aim a business might have.
- 15th January 2007Identify the term for a business having too little start-up finance to survive its early months.
- 16th January 2007State the formula for gross profit margin.
- 17th January 2007A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 18th January 2007Identify one risk of decentralisation.
- 19th January 2007A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 20th January 2007Explain what fit for purpose means under consumer law.
- 21st January 2007Define an export.
- 22nd January 2007State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 23rd January 2007Why should the 4Ps be based on the results of market segmentation?
- 24th January 2007True or false: the correct balance of the design mix is the same for every product.
- 25th January 2007State two costs of holding too much stock.
- 26th January 2007Explain one risk of sourcing from overseas.
- 27th January 2007State one risk specific to growth through a merger or takeover, other than cost.
- 28th January 2007Define adding value in a business context.
- 29th January 2007Identify which location factor matters most to a business that relies heavily on passing trade.
- 30th January 2007What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 31st January 2007What does 'break-even' mean?