Daily Practice · GCSE Business
July 2008 5-a-day
Every sheet in July 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2008A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 2nd July 2008Give one market condition that makes price skimming an appropriate strategy.
- 3rd July 2008What two factors does the Boston Matrix measure?
- 4th July 2008A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 5th July 2008Give three ways a business can identify quality problems.
- 6th July 2008Identify whether rent is a fixed cost or a variable cost.
- 7th July 2008State the ownership structure that has one owner and unlimited liability.
- 8th July 2008Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
- 9th July 2008Why is cash considered more liquid than stock, even though both can be current assets?
- 10th July 2008What equation must always balance on a statement of financial position?
- 11th July 2008State one disadvantage of a narrow span of control.
- 12th July 2008Identify one example of job enrichment.
- 13th July 2008State one risk to a business of storing customer data online.
- 14th July 2008State one type of business that might see demand rise during a recession.
- 15th July 2008Define unemployment.
- 16th July 2008True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 17th July 2008What is a wholesaler?
- 18th July 2008Give one operational cost that e-commerce creates which a shop does not have.
- 19th July 2008Why does technology investment need to be judged against demand rather than cost alone?
- 20th July 2008Give one advantage of buying a franchise rather than starting an entirely independent business.
- 21st July 2008State one way an entrepreneur could generate a business idea without inventing something completely new.
- 22nd July 2008Identify whether shareholders are internal or external stakeholders.
- 23rd July 2008Define reward in the context of enterprise.
- 24th July 2008What is crowdfunding?
- 25th July 2008A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 26th July 2008Give one advantage of internal recruitment.
- 27th July 2008State one risk to a business of recruiting without a clear job description.
- 28th July 2008Give one example of a protected characteristic under the Equality Act 2010.
- 29th July 2008State one risk to a business of breaking the law.
- 30th July 2008Is '45% of customers said they would buy the product' quantitative or qualitative data?
- 31st July 2008True or false: every product follows the product life cycle at the same speed.