Daily Practice · GCSE Business
August 2008 5-a-day
Every sheet in August 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2008Give one benefit to a business of strong brand recognition.
- 2nd August 2008Why can poor conditions at a supplier damage a business that does not own that supplier?
- 3rd August 2008Give one reason a business might prefer lean methods to buying automated machinery.
- 4th August 2008Identify what typically happens to unemployment during a recession.
- 5th August 2008State one characteristic a business might use to segment its market.
- 6th August 2008Explain why a business plan is not a guarantee of success.
- 7th August 2008Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 8th August 2008Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 9th August 2008A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 10th August 2008State one benefit of training to a business.
- 11th August 2008Identify which category opportunities for promotion belongs to under Herzberg's theory.
- 12th August 2008Give one reason ethical sourcing can increase a business's costs.
- 13th August 2008Give one drawback of e-commerce for a business.
- 14th August 2008Give one cost or resource a business needs in order to run digital marketing effectively.
- 15th August 2008State one risk of using frequent sales promotions such as heavy discounting.
- 16th August 2008Define job production and give one example.
- 17th August 2008Why is a single poor service experience more damaging online than in a shop?
- 18th August 2008Explain why a change in the law can force a business to change how it operates.
- 19th August 2008A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.
- 20th August 2008Give an example of a SMART objective for a cafe aiming to grow.
- 21st August 2008Explain why a profitable business can still fail.
- 22nd August 2008A business has revenue of 90,000 pounds and net profit of 18,000 pounds. Calculate its net profit margin.
- 23rd August 2008Name one limitation of using ratio analysis to judge business performance.
- 24th August 2008Identify one likely effect of delayering on remaining managers' span of control.
- 25th August 2008Give one non-pay reason an employee might leave a job.
- 26th August 2008State the length of the short-term right to reject faulty goods for a full refund.
- 27th August 2008Define an import.
- 28th August 2008Using the same order, if the pound then depreciates to 1 pound = 1.00 euro, calculate the new cost in pounds and state whether the importer is better or worse off.
- 29th August 2008Give one example of a 'Product' decision, other than its physical features.
- 30th August 2008State one reason a business selling in a highly price-sensitive, budget market might deliberately limit a product's aesthetics.
- 31st August 2008Define lead time.