Daily Practice · GCSE Business
November 2011 5-a-day
Every sheet in November 2011
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st November 2011Identify one common aim of a brand new start-up business.
- 2nd November 2011Identify the term for a business having too little start-up finance to survive its early months.
- 3rd November 2011A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 4th November 2011What does the gross profit margin measure?
- 5th November 2011Explain one advantage of decentralisation.
- 6th November 2011State one method a business could use to improve staff retention.
- 7th November 2011Name the main UK law protecting consumers when buying goods.
- 8th November 2011State one way improved transport has supported globalisation.
- 9th November 2011State what it means when the pound depreciates.
- 10th November 2011Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 11th November 2011Give one example of an aesthetic feature of a product.
- 12th November 2011State two consequences of holding too little stock.
- 13th November 2011Give one reason a business might publicise its supplier standards.
- 14th November 2011State one risk specific to growth through a merger or takeover, other than cost.
- 15th November 2011Define adding value in a business context.
- 16th November 2011Identify which location factor matters most to a business that relies heavily on passing trade.
- 17th November 2011Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 18th November 2011State the formula for break-even output.
- 19th November 2011Why can a sole trader not raise finance through share capital?
- 20th November 2011State one reason a business might prefer full-time contracts for its key staff.
- 21st November 2011Identify one example of off-the-job training.
- 22nd November 2011State one reason a USP needs to be difficult for competitors to copy.
- 23rd November 2011Give one way a business can find out about its competitors.
- 24th November 2011Why is a larger sample size generally more reliable than a smaller one?
- 25th November 2011What is price discrimination?
- 26th November 2011Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
- 27th November 2011Give one reason a business might advertise an external quality standard such as ISO certification.
- 28th November 2011Explain how consistent quality supports a higher price.
- 29th November 2011State the formula for profit.
- 30th November 2011Explain the difference between limited and unlimited liability in one sentence.