Daily Practice · GCSE Business
February 2011 5-a-day
Every sheet in February 2011
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2011Identify the type of contract that has no guaranteed minimum hours.
- 2nd February 2011Identify one purpose of induction training.
- 3rd February 2011Give one risk of competing mainly on price rather than differentiating.
- 4th February 2011State one way a business could respond to a new competitor entering the market.
- 5th February 2011A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 6th February 2011A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.
- 7th February 2011What is a 'star' in the Boston Matrix?
- 8th February 2011What is continuous improvement, and why does it depend on employees?
- 9th February 2011Give one reason employees are a good source of information about quality problems.
- 10th February 2011A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 11th February 2011Name a well-known UK public limited company.
- 12th February 2011Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 13th February 2011State the formula for working capital.
- 14th February 2011State the formula for gross profit.
- 15th February 2011State what span of control measures.
- 16th February 2011Identify one financial method of motivation.
- 17th February 2011State one cost to a business of introducing new technology.
- 18th February 2011Give an example of a direct tax.
- 19th February 2011Define interest rate.
- 20th February 2011Why is it useful to check a marketing mix against market segmentation data before evaluating it?
- 21st February 2011What does 'omnichannel distribution' mean?
- 22nd February 2011State two ways a website improves customer service without any staff involvement.
- 23rd February 2011Give one way e-commerce changes a small retailer's operations.
- 24th February 2011Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 25th February 2011Define entrepreneur.
- 26th February 2011Give one interest the government has as a stakeholder in a business.
- 27th February 2011Explain the general relationship between risk and potential reward in business.
- 28th February 2011Give one drawback of using retained profit to finance expansion.