Daily Practice · GCSE Business
December 2011 5-a-day
Every sheet in December 2011
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2011State the difference between invention and innovation.
- 2nd December 2011A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 3rd December 2011What does the statement of financial position show?
- 4th December 2011A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 5th December 2011State one non-financial reward that could improve staff motivation without extra pay.
- 6th December 2011Explain one reason a small business might be slower than a large business to adopt new technology.
- 7th December 2011Explain why a rise in corporation tax could reduce how much a business invests.
- 8th December 2011Explain one way high unemployment could benefit a business's recruitment.
- 9th December 2011State one consequence for a business of running an inconsistent marketing mix.
- 10th December 2011State one advantage of an indirect distribution channel.
- 11th December 2011Explain why social media complaints need a faster response than emails.
- 12th December 2011A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 13th December 2011Explain why a growing business might change from being a sole trader to a private limited company.
- 14th December 2011Give one reason creativity is a valuable quality for an entrepreneur.
- 15th December 2011Identify whether the local community is an internal or external stakeholder.
- 16th December 2011State one non-financial reward an entrepreneur might gain from running their own business.
- 17th December 2011A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 18th December 2011Is paying the electricity bill capital or revenue expenditure? Explain.
- 19th December 2011State one selection method used to test a candidate's communication skills.
- 20th December 2011Give one item typically found in a person specification.
- 21st December 2011Give one cost to a business of providing full health and safety training to all staff.
- 22nd December 2011Give an example of a data protection duty a business has.
- 23rd December 2011Name three variables a business could use to segment a market.
- 24th December 2011What shape does a typical product life cycle sales graph take?
- 25th December 2011Why can strong branding allow a business to charge a premium price?
- 26th December 2011Give three criteria a business uses when choosing a supplier.
- 27th December 2011State two benefits of cell production compared with a long assembly line.
- 28th December 2011Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 29th December 2011Define market segmentation.
- 30th December 2011Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 31st December 2011Why can a profitable business still become insolvent?