Daily Practice · GCSE Business
April 2008 5-a-day
Every sheet in April 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2008Explain one reason high labour turnover can reduce productivity.
- 2nd April 2008State the three main standards goods must meet under the Consumer Rights Act 2015.
- 3rd April 2008Define globalisation.
- 4th April 2008State the effect of an appreciating pound on the cost of imports to a UK business.
- 5th April 2008A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 6th April 2008Name the three elements of the design mix.
- 7th April 2008Explain one benefit and one risk of just in time stock control.
- 8th April 2008Define single sourcing and give one advantage.
- 9th April 2008State one risk specific to growth through a merger or takeover, other than cost.
- 10th April 2008Define adding value in a business context.
- 11th April 2008Identify which location factor matters most to a business that relies heavily on passing trade.
- 12th April 2008State one reason an established business, not a start-up, might need finance.
- 13th April 2008A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
- 14th April 2008Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
- 15th April 2008Identify the type of contract that has no guaranteed minimum hours.
- 16th April 2008Identify one purpose of induction training.
- 17th April 2008Give one risk of competing mainly on price rather than differentiating.
- 18th April 2008State one way a business could respond to a new competitor entering the market.
- 19th April 2008A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 20th April 2008What is cost-plus pricing?
- 21st April 2008What is a 'star' in the Boston Matrix?
- 22nd April 2008What is continuous improvement, and why does it depend on employees?
- 23rd April 2008Give one reason employees are a good source of information about quality problems.
- 24th April 2008A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 25th April 2008Name a well-known UK public limited company.
- 26th April 2008State the difference between invention and innovation.
- 27th April 2008State the formula for working capital.
- 28th April 2008Give one example of an asset and one example of a liability on a statement of financial position.
- 29th April 2008State what span of control measures.
- 30th April 2008Identify one financial method of motivation.