Daily Practice · GCSE Business
March 2007 5-a-day
Every sheet in March 2007
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2007A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 2nd March 2007A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 3rd March 2007Give one advantage of internal recruitment.
- 4th March 2007State one risk to a business of recruiting without a clear job description.
- 5th March 2007Give one example of a protected characteristic under the Equality Act 2010.
- 6th March 2007State one risk to a business of breaking the law.
- 7th March 2007Name three variables a business could use to segment a market.
- 8th March 2007True or false: every product follows the product life cycle at the same speed.
- 9th March 2007Give one benefit to a business of strong brand recognition.
- 10th March 2007Why can poor conditions at a supplier damage a business that does not own that supplier?
- 11th March 2007Give one reason a business might prefer lean methods to buying automated machinery.
- 12th March 2007Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 13th March 2007Define market segmentation.
- 14th March 2007Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 15th March 2007Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 16th March 2007Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 17th March 2007A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 18th March 2007State one benefit of training to a business.
- 19th March 2007Identify which category opportunities for promotion belongs to under Herzberg's theory.
- 20th March 2007Give one reason ethical sourcing can increase a business's costs.
- 21st March 2007Give one drawback of e-commerce for a business.
- 22nd March 2007Give one cost or resource a business needs in order to run digital marketing effectively.
- 23rd March 2007State one risk of using frequent sales promotions such as heavy discounting.
- 24th March 2007Define job production and give one example.
- 25th March 2007Why is a single poor service experience more damaging online than in a shop?
- 26th March 2007Give an example of a change in technology that has affected how many UK retailers operate.
- 27th March 2007A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.
- 28th March 2007Give an example of a SMART objective for a cafe aiming to grow.
- 29th March 2007Give one reason poor market research increases the risk of a new business failing.
- 30th March 2007A business has revenue of 90,000 pounds and net profit of 18,000 pounds. Calculate its net profit margin.
- 31st March 2007Name one limitation of using ratio analysis to judge business performance.