Daily Practice · GCSE Business
November 2009 5-a-day
Every sheet in November 2009
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st November 2009State one non-financial aim a business might have.
- 2nd November 2009Explain why a profitable business can still fail.
- 3rd November 2009State the formula for gross profit margin.
- 4th November 2009A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 5th November 2009Identify one risk of decentralisation.
- 6th November 2009A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 7th November 2009Explain what fit for purpose means under consumer law.
- 8th November 2009Define an export.
- 9th November 2009State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 10th November 2009Why should the 4Ps be based on the results of market segmentation?
- 11th November 2009True or false: the correct balance of the design mix is the same for every product.
- 12th November 2009State two costs of holding too much stock.
- 13th November 2009Explain one risk of sourcing from overseas.
- 14th November 2009State the difference between organic and external growth.
- 15th November 2009Identify why adding value can be more attractive to a business than competing purely on low price.
- 16th November 2009State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 17th November 2009What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 18th November 2009What does 'break-even' mean?
- 19th November 2009State two factors a business owner should consider when choosing a source of finance.
- 20th November 2009State what a contract of employment sets out.
- 21st November 2009State one disadvantage of off-the-job training.
- 22nd November 2009Define differentiation.
- 23rd November 2009State one effect of strong competition on the prices a business can charge.
- 24th November 2009A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 25th November 2009What is cost-plus pricing?
- 26th November 2009What two factors does the Boston Matrix measure?
- 27th November 2009A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 28th November 2009Give three ways a business can identify quality problems.
- 29th November 2009Identify whether rent is a fixed cost or a variable cost.
- 30th November 2009State the ownership structure that has one owner and unlimited liability.