Daily Practice · GCSE Business
February 2009 5-a-day
Every sheet in February 2009
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2009State one reason a business might prefer full-time contracts for its key staff.
- 2nd February 2009Identify one example of off-the-job training.
- 3rd February 2009State one reason a USP needs to be difficult for competitors to copy.
- 4th February 2009Give one way a business can find out about its competitors.
- 5th February 2009Why is a larger sample size generally more reliable than a smaller one?
- 6th February 2009Which pricing strategy involves setting a low price to enter a market and quickly build market share?
- 7th February 2009Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
- 8th February 2009Give one reason a business might advertise an external quality standard such as ISO certification.
- 9th February 2009Explain how consistent quality supports a higher price.
- 10th February 2009State the formula for profit.
- 11th February 2009Explain the difference between limited and unlimited liability in one sentence.
- 12th February 2009Explain why spotting a trend early can benefit an entrepreneur.
- 13th February 2009A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 14th February 2009What does the income statement show?
- 15th February 2009A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 16th February 2009State one non-financial reward that could improve staff motivation without extra pay.
- 17th February 2009Explain one reason a small business might be slower than a large business to adopt new technology.
- 18th February 2009Explain why a rise in corporation tax could reduce how much a business invests.
- 19th February 2009Explain one way high unemployment could benefit a business's recruitment.
- 20th February 2009State one consequence for a business of running an inconsistent marketing mix.
- 21st February 2009State one advantage of an indirect distribution channel.
- 22nd February 2009Explain why social media complaints need a faster response than emails.
- 23rd February 2009A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 24th February 2009State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 25th February 2009Identify one source of new business ideas, other than spotting a gap in the market.
- 26th February 2009Identify whether the local community is an internal or external stakeholder.
- 27th February 2009State one reason a franchise is generally considered lower risk than an independent start-up.
- 28th February 2009State one advantage of an overdraft as a source of finance.