Daily Practice · GCSE Business
June 2008 5-a-day
Every sheet in June 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2008Define search engine optimisation (SEO).
- 2nd June 2008State one risk to a business's reputation created by social media and online reviews.
- 3rd June 2008Give one advantage of digital promotion over traditional above the line advertising.
- 4th June 2008Give one reason a job production business might charge a higher price.
- 5th June 2008How can good customer service justify a higher price?
- 6th June 2008Give an example of a change in technology that has affected how many UK retailers operate.
- 7th June 2008State the difference between a good and a service.
- 8th June 2008State one non-financial aim a business might have.
- 9th June 2008Give one reason poor market research increases the risk of a new business failing.
- 10th June 2008State the formula for gross profit margin.
- 11th June 2008A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 12th June 2008Identify one risk of decentralisation.
- 13th June 2008A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 14th June 2008Explain what fit for purpose means under consumer law.
- 15th June 2008Define an export.
- 16th June 2008State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 17th June 2008Why should the 4Ps be based on the results of market segmentation?
- 18th June 2008True or false: the correct balance of the design mix is the same for every product.
- 19th June 2008State two costs of holding too much stock.
- 20th June 2008Explain one risk of sourcing from overseas.
- 21st June 2008Identify which type of growth, organic or external, a merger is an example of.
- 22nd June 2008Explain how excellent customer service can add value to a service business.
- 23rd June 2008Give one non-financial factor, other than transport, that might influence a service business's location choice.
- 24th June 2008What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 25th June 2008What does 'break-even' mean?
- 26th June 2008State two factors a business owner should consider when choosing a source of finance.
- 27th June 2008State what a contract of employment sets out.
- 28th June 2008State one disadvantage of off-the-job training.
- 29th June 2008Define differentiation.
- 30th June 2008State one effect of strong competition on the prices a business can charge.