Daily Practice · GCSE Business
August 2007 5-a-day
Every sheet in August 2007
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2007Why is cash flow often negative during the introduction stage?
- 2nd August 2007State one risk of a poorly judged brand extension.
- 3rd August 2007Define supply chain.
- 4th August 2007Why does higher productivity usually reduce unit cost?
- 5th August 2007Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 6th August 2007Give one example of a primary market research method.
- 7th August 2007State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 8th August 2007What is overtrading?
- 9th August 2007What is the difference between a cash inflow and a cash outflow?
- 10th August 2007A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 11th August 2007State the difference between training and development.
- 12th August 2007Identify one example of a hygiene factor.
- 13th August 2007Explain why there can be a trade-off between acting ethically and making a profit.
- 14th August 2007Define e-commerce.
- 15th August 2007What is e-commerce?
- 16th August 2007What is the difference between above the line and below the line promotion?
- 17th August 2007Explain why flow production is risky if demand is unpredictable.
- 18th August 2007Give three examples of after-sales service.
- 19th August 2007Give one example of a business adapting successfully to a change in its external environment.
- 20th August 2007State one reason why entrepreneurs take on risk when starting a business.
- 21st August 2007Identify one common aim of a brand new start-up business.
- 22nd August 2007State one external cause of new business failure.
- 23rd August 2007A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 24th August 2007What does the gross profit margin measure?
- 25th August 2007Explain one advantage of decentralisation.
- 26th August 2007State one method a business could use to improve staff retention.
- 27th August 2007Name the main UK law protecting consumers when buying goods.
- 28th August 2007State one way improved transport has supported globalisation.
- 29th August 2007State what it means when the pound depreciates.
- 30th August 2007Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 31st August 2007Give one example of an aesthetic feature of a product.