Daily Practice · GCSE Business
September 2008 5-a-day
Every sheet in September 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 2008List five criteria a business uses to choose a supplier.
- 2nd September 2008State the difference between organic and external growth.
- 3rd September 2008Identify why adding value can be more attractive to a business than competing purely on low price.
- 4th September 2008State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 5th September 2008Give one example of a start-up cost for a new hairdressing salon.
- 6th September 2008On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
- 7th September 2008A start-up needs 200,000 pounds to buy premises it will use for the next 20 years. Is this a short-term or a long-term finance need? Explain.
- 8th September 2008Explain one advantage to an employee of flexible working.
- 9th September 2008State one benefit of off-the-job training over on-the-job training.
- 10th September 2008Define a unique selling point (USP).
- 11th September 2008Define market share.
- 12th September 2008A pie chart shows a business's sales by region: North 20%, South 45%, East 15%, West 20%. Which region has the smallest share of sales?
- 13th September 2008What is price discrimination?
- 14th September 2008Why might a business keep a 'dog' product in its portfolio, rather than withdrawing it immediately?
- 15th September 2008State the difference between quality control and quality assurance.
- 16th September 2008Distinguish between internal and external failure costs.
- 17th September 2008Explain the two ways a business can increase its profit.
- 18th September 2008Give one document that partners typically draw up when forming a partnership.
- 19th September 2008Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 20th September 2008Give one example of a current asset and one example of a current liability.
- 21st September 2008What does the statement of financial position show?
- 22nd September 2008Identify whether a business with 3 levels of hierarchy and wide spans of control is a tall or a flat structure.
- 23rd September 2008State what job rotation means.
- 24th September 2008Give one example of technology used in human resources.
- 25th September 2008State the four main stages of the business cycle.
- 26th September 2008State which UK institution sets the base rate that heavily influences interest rates.
- 27th September 2008Give one sign in a case study that a business's marketing mix is inconsistent.
- 28th September 2008What is a direct distribution channel?
- 29th September 2008A business handles 600 enquiries a month, each taking 5 minutes of staff time at 13 pounds an hour. Calculate the monthly labour cost.
- 30th September 2008Define productivity and state the formula.