Daily Practice · GCSE Business
June 2012 5-a-day
Every sheet in June 2012
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2012Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 2nd June 2012Why must promotion be consistent with the rest of the marketing mix?
- 3rd June 2012A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 4th June 2012List four stages of a typical sales process.
- 5th June 2012Give one example of a business adapting successfully to a change in its external environment.
- 6th June 2012Explain why most private sector businesses aim to make a profit.
- 7th June 2012Give one reason a well-established plc might prioritise profit maximisation over survival.
- 8th June 2012State one external cause of new business failure.
- 9th June 2012A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
- 10th June 2012What does the net profit margin measure?
- 11th June 2012State one disadvantage of centralisation.
- 12th June 2012Explain one reason high labour turnover can reduce productivity.
- 13th June 2012State the three main standards goods must meet under the Consumer Rights Act 2015.
- 14th June 2012Define globalisation.
- 15th June 2012State the effect of an appreciating pound on the cost of imports to a UK business.
- 16th June 2012A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 17th June 2012Name the three elements of the design mix.
- 18th June 2012Explain one benefit and one risk of just in time stock control.
- 19th June 2012Define single sourcing and give one advantage.
- 20th June 2012Define economies of scale.
- 21st June 2012Give an example of a UK business that adds value through branding.
- 22nd June 2012Give one reason a manufacturer might locate close to its raw material supplier.
- 23rd June 2012State one reason an established business, not a start-up, might need finance.
- 24th June 2012A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
- 25th June 2012Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
- 26th June 2012Identify the type of contract that has no guaranteed minimum hours.
- 27th June 2012Identify one purpose of induction training.
- 28th June 2012Give one risk of competing mainly on price rather than differentiating.
- 29th June 2012State one way a business could respond to a new competitor entering the market.
- 30th June 2012A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?