Daily Practice · GCSE Business
March 2008 5-a-day
Every sheet in March 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st March 2008What is revenue expenditure?
- 2nd March 2008Explain one disadvantage of external recruitment.
- 3rd March 2008Explain one benefit to a business of using a person specification when shortlisting applicants.
- 4th March 2008Name the UK law that makes it illegal to discriminate against employees based on protected characteristics such as age, sex or disability.
- 5th March 2008State the difference between legislation and ethics.
- 6th March 2008State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 7th March 2008Name the four stages of the product life cycle in order.
- 8th March 2008What is a 'brand extension'?
- 9th March 2008Give one reason a business might pay more to source locally.
- 10th March 2008A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.
- 11th March 2008Give one way rising consumer confidence in a boom might affect a business's decisions.
- 12th March 2008Give one disadvantage of relying only on secondary market research.
- 13th March 2008Identify one external stakeholder who might ask to see a business plan before providing finance.
- 14th March 2008Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
- 15th March 2008State the formula for a month's closing balance.
- 16th March 2008If a business successfully cuts its variable cost per unit while keeping its selling price the same, what happens to its break-even output?
- 17th March 2008Identify one direct cost of training.
- 18th March 2008Explain why, according to Herzberg, simply raising pay may not increase motivation.
- 19th March 2008Define business ethics.
- 20th March 2008Give one reason e-commerce might exclude some customers.
- 21st March 2008Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 22nd March 2008Why must promotion be consistent with the rest of the marketing mix?
- 23rd March 2008A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 24th March 2008List four stages of a typical sales process.
- 25th March 2008State one type of external change that can affect how a business operates.
- 26th March 2008Explain why most private sector businesses aim to make a profit.
- 27th March 2008Give one reason a well-established plc might prioritise profit maximisation over survival.
- 28th March 2008Identify the term for a business having too little start-up finance to survive its early months.
- 29th March 2008A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
- 30th March 2008What does the net profit margin measure?
- 31st March 2008State one disadvantage of centralisation.