Daily Practice · GCSE Business
October 2008 5-a-day
Every sheet in October 2008
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2008Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 2nd October 2008Define entrepreneur.
- 3rd October 2008Name one stakeholder group, other than shareholders and employees, that a new factory would affect.
- 4th October 2008Explain the general relationship between risk and potential reward in business.
- 5th October 2008A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 6th October 2008On which financial statement does capital expenditure appear, and as what?
- 7th October 2008State one reason a business might use a recruitment agency rather than advertise a vacancy itself.
- 8th October 2008State the difference between a job description and a person specification.
- 9th October 2008State one duty an employer has under health and safety law.
- 10th October 2008Give one cost to a business of complying with new legislation.
- 11th October 2008Name three variables a business could use to segment a market.
- 12th October 2008During which stage of the product life cycle are sales typically at their highest?
- 13th October 2008Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 14th October 2008Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 15th October 2008Define lean production.
- 16th October 2008Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 17th October 2008Give one example of a primary market research method.
- 18th October 2008State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 19th October 2008Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 20th October 2008What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 21st October 2008Give one possible drawback of raising the selling price to lower the break-even output.
- 22nd October 2008Explain one reason training can improve staff motivation.
- 23rd October 2008State who developed the two-factor theory of motivation.
- 24th October 2008State one example of an unethical business practice.
- 25th October 2008Explain what click-through rate measures.
- 26th October 2008Why can online price comparison tools increase competition between businesses?
- 27th October 2008Give one example of a sales promotion technique.
- 28th October 2008Explain one drawback of batch production.
- 29th October 2008Explain why keeping an existing customer is usually cheaper than winning a new one.
- 30th October 2008Give one example of a business adapting successfully to a change in its external environment.
- 31st October 2008Identify whether a haircut is a good or a service.