Daily Practice · GCSE Business
July 2009 5-a-day
Every sheet in July 2009
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2009Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?
- 2nd July 2009A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.
- 3rd July 2009What is an extension strategy?
- 4th July 2009Explain why quality matters more for a business selling online than for a market stall.
- 5th July 2009Explain why external failure usually costs more per unit than internal failure.
- 6th July 2009A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
- 7th July 2009State the number of owners a standard partnership usually has.
- 8th July 2009State the difference between invention and innovation.
- 9th July 2009Give one way a business could improve its working capital.
- 10th July 2009State the formula for gross profit.
- 11th July 2009Give one advantage of a wide span of control.
- 12th July 2009Give one non-financial method of motivation.
- 13th July 2009Explain why automation can reduce a business's unit costs.
- 14th July 2009Give an example of an indirect tax.
- 15th July 2009State what CPI stands for.
- 16th July 2009What should be the starting point when designing a marketing mix?
- 17th July 2009State one disadvantage of a direct distribution channel.
- 18th July 2009Why must a business selling online take data protection seriously?
- 19th July 2009Explain one benefit of computer aided design.
- 20th July 2009Explain why a growing business might change from being a sole trader to a private limited company.
- 21st July 2009Give one reason creativity is a valuable quality for an entrepreneur.
- 22nd July 2009Define the term stakeholder.
- 23rd July 2009State one non-financial reward an entrepreneur might gain from running their own business.
- 24th July 2009Give one drawback of using retained profit to finance expansion.
- 25th July 2009What is revenue expenditure?
- 26th July 2009Explain one disadvantage of external recruitment.
- 27th July 2009Explain one benefit to a business of using a person specification when shortlisting applicants.
- 28th July 2009Name the UK law that makes it illegal to discriminate against employees based on protected characteristics such as age, sex or disability.
- 29th July 2009State the difference between legislation and ethics.
- 30th July 2009What is the difference between primary and secondary market research?
- 31st July 2009Name the four stages of the product life cycle in order.