Daily Practice · GCSE Business
December 2009 5-a-day
Every sheet in December 2009
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2009Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 2nd December 2009Why is cash considered more liquid than stock, even though both can be current assets?
- 3rd December 2009Give one example of an asset and one example of a liability on a statement of financial position.
- 4th December 2009State one disadvantage of a narrow span of control.
- 5th December 2009Identify one example of job enrichment.
- 6th December 2009State one risk to a business of storing customer data online.
- 7th December 2009State one type of business that might see demand rise during a recession.
- 8th December 2009Define unemployment.
- 9th December 2009True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 10th December 2009What is a wholesaler?
- 11th December 2009Give one operational cost that e-commerce creates which a shop does not have.
- 12th December 2009Why does technology investment need to be judged against demand rather than cost alone?
- 13th December 2009Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 14th December 2009Define entrepreneur.
- 15th December 2009Identify whether shareholders are internal or external stakeholders.
- 16th December 2009Explain the general relationship between risk and potential reward in business.
- 17th December 2009Give one advantage and one drawback of trade credit.
- 18th December 2009A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 19th December 2009Give one advantage of internal recruitment.
- 20th December 2009State one risk to a business of recruiting without a clear job description.
- 21st December 2009Give one example of a protected characteristic under the Equality Act 2010.
- 22nd December 2009State one risk to a business of breaking the law.
- 23rd December 2009Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 24th December 2009True or false: every product follows the product life cycle at the same speed.
- 25th December 2009Give one benefit to a business of strong brand recognition.
- 26th December 2009Why can poor conditions at a supplier damage a business that does not own that supplier?
- 27th December 2009Give one reason a business might prefer lean methods to buying automated machinery.
- 28th December 2009Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 29th December 2009Give one example of a primary market research method.
- 30th December 2009State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 31st December 2009Give one solution a business could use if late-paying customers are causing its cash-flow problem.