Daily Practice · GCSE Business
April 2010 5-a-day
Every sheet in April 2010
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2010State the formula for labour turnover rate.
- 2nd April 2010State one cost to a business of dealing with a faulty product return.
- 3rd April 2010Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 4th April 2010State what it means when the pound appreciates.
- 5th April 2010Name the 4Ps of the marketing mix.
- 6th April 2010What does 'function' mean in the design mix?
- 7th April 2010A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 8th April 2010Why does supplier capacity matter to a growing business?
- 9th April 2010Define overtrading.
- 10th April 2010State one method a business can use to add value to its product.
- 11th April 2010Explain why access to good transport links matters to a business that delivers goods nationally.
- 12th April 2010What is the difference between start-up capital and working capital?
- 13th April 2010What does the margin of safety measure?
- 14th April 2010Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 15th April 2010Give one advantage to an employer of part-time contracts.
- 16th April 2010Give one advantage of on-the-job training.
- 17th April 2010Explain how strong branding can help a business differentiate.
- 18th April 2010Give one benefit to consumers of a highly competitive market.
- 19th April 2010What is meant by a 'random sample'?
- 20th April 2010What is price discrimination?
- 21st April 2010Give one example of an extension strategy.
- 22nd April 2010Give three costs to a business of poor quality.
- 23rd April 2010Why should a business look for the cause rather than fixing each faulty item?
- 24th April 2010State the formula for total revenue.
- 25th April 2010State where the shares of a public limited company (plc) can be bought and sold.
- 26th April 2010Explain why spotting a trend early can benefit an entrepreneur.
- 27th April 2010Explain, in one sentence, how a profitable business could still run out of cash.
- 28th April 2010What does the statement of financial position show?
- 29th April 2010Explain what chain of command means.
- 30th April 2010State the difference between a wage and a salary.