Daily Practice · GCSE Business
October 2012 5-a-day
Every sheet in October 2012
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2012Identify one source of new business ideas, other than spotting a gap in the market.
- 2nd October 2012Identify whether shareholders are internal or external stakeholders.
- 3rd October 2012State one reason a franchise is generally considered lower risk than an independent start-up.
- 4th October 2012Give one drawback of using retained profit to finance expansion.
- 5th October 2012A 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.
- 6th October 2012Give one advantage of internal recruitment.
- 7th October 2012State one risk to a business of recruiting without a clear job description.
- 8th October 2012Give one example of a protected characteristic under the Equality Act 2010.
- 9th October 2012State one risk to a business of breaking the law.
- 10th October 2012What is the difference between primary and secondary market research?
- 11th October 2012True or false: every product follows the product life cycle at the same speed.
- 12th October 2012Give one benefit to a business of strong brand recognition.
- 13th October 2012Why can poor conditions at a supplier damage a business that does not own that supplier?
- 14th October 2012Give one reason a business might prefer lean methods to buying automated machinery.
- 15th October 2012State one way a business might respond to falling consumer spending during a recession.
- 16th October 2012Explain why a business should carry out market research before launching a new product.
- 17th October 2012State one section usually included in a business plan.
- 18th October 2012Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 19th October 2012Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 20th October 2012A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 21st October 2012State one benefit of training to a business.
- 22nd October 2012Identify which category opportunities for promotion belongs to under Herzberg's theory.
- 23rd October 2012Give one reason ethical sourcing can increase a business's costs.
- 24th October 2012Give one drawback of e-commerce for a business.
- 25th October 2012Give one cost or resource a business needs in order to run digital marketing effectively.
- 26th October 2012State one risk of using frequent sales promotions such as heavy discounting.
- 27th October 2012Define job production and give one example.
- 28th October 2012Why is a single poor service experience more damaging online than in a shop?
- 29th October 2012State one reason a change in consumer tastes might force a food business to change its menu.
- 30th October 2012A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.
- 31st October 2012Give an example of a SMART objective for a cafe aiming to grow.