Daily Practice · GCSE Business
May 2007 5-a-day
Every sheet in May 2007
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2007State what job rotation means.
- 2nd May 2007Give one example of technology used in human resources.
- 3rd May 2007State the four main stages of the business cycle.
- 4th May 2007State which UK institution sets the base rate that heavily influences interest rates.
- 5th May 2007Give one sign in a case study that a business's marketing mix is inconsistent.
- 6th May 2007What is a direct distribution channel?
- 7th May 2007A business handles 600 enquiries a month, each taking 5 minutes of staff time at 13 pounds an hour. Calculate the monthly labour cost.
- 8th May 2007Define productivity and state the formula.
- 9th May 2007Give one advantage of buying a franchise rather than starting an entirely independent business.
- 10th May 2007State one way an entrepreneur could generate a business idea without inventing something completely new.
- 11th May 2007Name one stakeholder group, other than shareholders and employees, that a new factory would affect.
- 12th May 2007Define reward in the context of enterprise.
- 13th May 2007Is retained profit an internal or an external source of finance?
- 14th May 2007On which financial statement does capital expenditure appear, and as what?
- 15th May 2007State one reason a business might use a recruitment agency rather than advertise a vacancy itself.
- 16th May 2007State the difference between a job description and a person specification.
- 17th May 2007State one duty an employer has under health and safety law.
- 18th May 2007Give one cost to a business of complying with new legislation.
- 19th May 2007What is meant by a 'representative sample'?
- 20th May 2007During which stage of the product life cycle are sales typically at their highest?
- 21st May 2007Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 22nd May 2007Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 23rd May 2007Define lean production.
- 24th May 2007Identify what typically happens to unemployment during a recession.
- 25th May 2007State one characteristic a business might use to segment its market.
- 26th May 2007Explain why a business plan is not a guarantee of success.
- 27th May 2007Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 28th May 2007What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 29th May 2007Give one possible drawback of raising the selling price to lower the break-even output.
- 30th May 2007Explain one reason training can improve staff motivation.
- 31st May 2007State who developed the two-factor theory of motivation.