Daily Practice · GCSE Business
February 2008 5-a-day
Every sheet in February 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2008Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
- 2nd February 2008Identify one item usually included in a contract of employment.
- 3rd February 2008Explain one disadvantage of on-the-job training.
- 4th February 2008State one way a business can differentiate through customer service.
- 5th February 2008Explain why a business's market share could fall even if its own sales revenue is rising.
- 6th February 2008Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?
- 7th February 2008A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 8th February 2008What is an extension strategy?
- 9th February 2008Explain why quality matters more for a business selling online than for a market stall.
- 10th February 2008Explain why external failure usually costs more per unit than internal failure.
- 11th February 2008A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
- 12th February 2008State the number of owners a standard partnership usually has.
- 13th February 2008Define what is meant by the dynamic nature of the business environment.
- 14th February 2008Give one way a business could improve its working capital.
- 15th February 2008A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 16th February 2008Give one advantage of a wide span of control.
- 17th February 2008Give one non-financial method of motivation.
- 18th February 2008Explain why automation can reduce a business's unit costs.
- 19th February 2008Give an example of an indirect tax.
- 20th February 2008State what CPI stands for.
- 21st February 2008What should be the starting point when designing a marketing mix?
- 22nd February 2008State one disadvantage of a direct distribution channel.
- 23rd February 2008Why must a business selling online take data protection seriously?
- 24th February 2008Explain one benefit of computer aided design.
- 25th February 2008Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 26th February 2008Explain why determination matters when starting a new business.
- 27th February 2008Define the term stakeholder.
- 28th February 2008Define risk in the context of enterprise.
- 29th February 2008A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.