Daily Practice · GCSE Business
January 2012 5-a-day
Every sheet in January 2012
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2012State the formula for net cash flow.
- 2nd January 2012The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.
- 3rd January 2012State one way a business could measure whether training has been effective.
- 4th January 2012State what Herzberg claimed happens if hygiene factors are inadequate.
- 5th January 2012State one example of an environmental issue a business might cause.
- 6th January 2012State one benefit of e-commerce over selling in a physical shop.
- 7th January 2012Give one benefit to a small business of selling through e-commerce rather than only a physical store.
- 8th January 2012What is sponsorship, in a marketing context?
- 9th January 2012A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.
- 10th January 2012State two costs of providing excellent customer service.
- 11th January 2012Give an example of a change in technology that has affected how many UK retailers operate.
- 12th January 2012What term describes the process of identifying a gap in the market and taking the risk to fill it?
- 13th January 2012State the difference between an aim and an objective.
- 14th January 2012Give one reason poor market research increases the risk of a new business failing.
- 15th January 2012State the formula for net profit margin.
- 16th January 2012Why is comparing a ratio to a previous year usually more useful than looking at the ratio for a single year alone?
- 17th January 2012State one reason a business might delayer its structure.
- 18th January 2012Identify one cost to a business of high staff turnover.
- 19th January 2012Give one remedy available to a consumer after the 30-day period has passed.
- 20th January 2012State what a tariff is.
- 21st January 2012If the exchange rate is 1 pound = 1.20 euros and a UK business imports goods costing 6,000 euros, calculate the cost in pounds.
- 22nd January 2012State one decision a business makes under 'Place'.
- 23rd January 2012Why does increasing a product's function or aesthetics usually increase its cost?
- 24th January 2012Why is stock control especially important for a business selling fresh food?
- 25th January 2012A supplier charges 4.80 pounds a unit for orders under 500 and 4.20 pounds for orders of 500 or more. A business needs 480 units. Should it order 500? Explain.
- 26th January 2012Identify which type of growth, organic or external, a merger is an example of.
- 27th January 2012Explain how excellent customer service can add value to a service business.
- 28th January 2012Give one non-financial factor, other than transport, that might influence a service business's location choice.
- 29th January 2012A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
- 30th January 2012State the formula for contribution per unit.
- 31st January 2012A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?