Daily Practice · GCSE Business
December 2012 5-a-day
Every sheet in December 2012
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2012Give one example of a current asset and one example of a current liability.
- 2nd December 2012A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 3rd December 2012Identify whether a business with 3 levels of hierarchy and wide spans of control is a tall or a flat structure.
- 4th December 2012State what job rotation means.
- 5th December 2012Give one example of technology used in human resources.
- 6th December 2012State the four main stages of the business cycle.
- 7th December 2012State which UK institution sets the base rate that heavily influences interest rates.
- 8th December 2012Give one sign in a case study that a business's marketing mix is inconsistent.
- 9th December 2012What is a direct distribution channel?
- 10th December 2012A business handles 600 enquiries a month, each taking 5 minutes of staff time at 13 pounds an hour. Calculate the monthly labour cost.
- 11th December 2012Define productivity and state the formula.
- 12th December 2012Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 13th December 2012Explain why determination matters when starting a new business.
- 14th December 2012Name one stakeholder group, other than shareholders and employees, that a new factory would affect.
- 15th December 2012Define risk in the context of enterprise.
- 16th December 2012A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
- 17th December 2012On which financial statement does capital expenditure appear, and as what?
- 18th December 2012State one reason a business might use a recruitment agency rather than advertise a vacancy itself.
- 19th December 2012State the difference between a job description and a person specification.
- 20th December 2012State one duty an employer has under health and safety law.
- 21st December 2012Give one cost to a business of complying with new legislation.
- 22nd December 2012State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
- 23rd December 2012During which stage of the product life cycle are sales typically at their highest?
- 24th December 2012Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 25th December 2012Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 26th December 2012Define lean production.
- 27th December 2012Give one way rising consumer confidence in a boom might affect a business's decisions.
- 28th December 2012Give one disadvantage of relying only on secondary market research.
- 29th December 2012Identify one external stakeholder who might ask to see a business plan before providing finance.
- 30th December 2012Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 31st December 2012What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?