Daily Practice · GCSE Business
October 2007 5-a-day
Every sheet in October 2007
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2007A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 2nd October 2007State what a franchisee pays a franchisor for.
- 3rd October 2007State one quality commonly associated with successful entrepreneurs.
- 4th October 2007Identify whether the local community is an internal or external stakeholder.
- 5th October 2007Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 6th October 2007Why might a sole trader be unable to raise finance through share capital?
- 7th October 2007Is paying the electricity bill capital or revenue expenditure? Explain.
- 8th October 2007State one selection method used to test a candidate's communication skills.
- 9th October 2007Give one item typically found in a person specification.
- 10th October 2007Give one cost to a business of providing full health and safety training to all staff.
- 11th October 2007Give an example of a data protection duty a business has.
- 12th October 2007A business segments its market by income. Give one product example that suits income-based segmentation.
- 13th October 2007What shape does a typical product life cycle sales graph take?
- 14th October 2007Why can strong branding allow a business to charge a premium price?
- 15th October 2007Give three criteria a business uses when choosing a supplier.
- 16th October 2007State two benefits of cell production compared with a long assembly line.
- 17th October 2007State the three stages of the economic, or business, cycle referred to in this topic.
- 18th October 2007State the difference between primary and secondary market research.
- 19th October 2007Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 20th October 2007Why can a profitable business still become insolvent?
- 21st October 2007State the formula for net cash flow.
- 22nd October 2007The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.
- 23rd October 2007State one way a business could measure whether training has been effective.
- 24th October 2007State what Herzberg claimed happens if hygiene factors are inadequate.
- 25th October 2007State one example of an environmental issue a business might cause.
- 26th October 2007State one benefit of e-commerce over selling in a physical shop.
- 27th October 2007Give one benefit to a small business of selling through e-commerce rather than only a physical store.
- 28th October 2007What is sponsorship, in a marketing context?
- 29th October 2007A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.
- 30th October 2007State two costs of providing excellent customer service.
- 31st October 2007Identify one risk to a business that fails to adapt to a significant change in its external environment.