Daily Practice · GCSE Business
April 2011 5-a-day
Every sheet in April 2011
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2011A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 2nd April 2011Explain what fit for purpose means under consumer law.
- 3rd April 2011Define an export.
- 4th April 2011State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 5th April 2011Why should the 4Ps be based on the results of market segmentation?
- 6th April 2011True or false: the correct balance of the design mix is the same for every product.
- 7th April 2011State two costs of holding too much stock.
- 8th April 2011Explain one risk of sourcing from overseas.
- 9th April 2011Define economies of scale.
- 10th April 2011Give an example of a UK business that adds value through branding.
- 11th April 2011Give one reason a manufacturer might locate close to its raw material supplier.
- 12th April 2011What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 13th April 2011What does 'break-even' mean?
- 14th April 2011State two factors a business owner should consider when choosing a source of finance.
- 15th April 2011State what a contract of employment sets out.
- 16th April 2011State one disadvantage of off-the-job training.
- 17th April 2011Define differentiation.
- 18th April 2011State one effect of strong competition on the prices a business can charge.
- 19th April 2011A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 20th April 2011A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 21st April 2011What two factors does the Boston Matrix measure?
- 22nd April 2011A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 23rd April 2011Give three ways a business can identify quality problems.
- 24th April 2011Identify whether rent is a fixed cost or a variable cost.
- 25th April 2011State the ownership structure that has one owner and unlimited liability.
- 26th April 2011Identify one source of change that can create new business opportunities.
- 27th April 2011Why is cash considered more liquid than stock, even though both can be current assets?
- 28th April 2011A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 29th April 2011State one disadvantage of a narrow span of control.
- 30th April 2011Identify one example of job enrichment.