Daily Practice · GCSE Business
May 2011 5-a-day
Every sheet in May 2011
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2011State one risk to a business of storing customer data online.
- 2nd May 2011State one type of business that might see demand rise during a recession.
- 3rd May 2011Define unemployment.
- 4th May 2011True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 5th May 2011What is a wholesaler?
- 6th May 2011Give one operational cost that e-commerce creates which a shop does not have.
- 7th May 2011Why does technology investment need to be judged against demand rather than cost alone?
- 8th May 2011State what a franchisee pays a franchisor for.
- 9th May 2011State one quality commonly associated with successful entrepreneurs.
- 10th May 2011Identify whether shareholders are internal or external stakeholders.
- 11th May 2011Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 12th May 2011A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 13th May 2011A 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.
- 14th May 2011Give one advantage of internal recruitment.
- 15th May 2011State one risk to a business of recruiting without a clear job description.
- 16th May 2011Give one example of a protected characteristic under the Equality Act 2010.
- 17th May 2011State one risk to a business of breaking the law.
- 18th May 2011State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 19th May 2011True or false: every product follows the product life cycle at the same speed.
- 20th May 2011Give one benefit to a business of strong brand recognition.
- 21st May 2011Why can poor conditions at a supplier damage a business that does not own that supplier?
- 22nd May 2011Give one reason a business might prefer lean methods to buying automated machinery.
- 23rd May 2011State the three stages of the economic, or business, cycle referred to in this topic.
- 24th May 2011State the difference between primary and secondary market research.
- 25th May 2011Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 26th May 2011Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 27th May 2011Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 28th May 2011A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 29th May 2011State one benefit of training to a business.
- 30th May 2011Identify which category opportunities for promotion belongs to under Herzberg's theory.
- 31st May 2011Give one reason ethical sourcing can increase a business's costs.