Daily Practice · GCSE Business
January 2013 5-a-day
Every sheet in January 2013
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2013Give one possible drawback of raising the selling price to lower the break-even output.
- 2nd January 2013Explain one reason training can improve staff motivation.
- 3rd January 2013State who developed the two-factor theory of motivation.
- 4th January 2013State one example of an unethical business practice.
- 5th January 2013Explain what click-through rate measures.
- 6th January 2013Why can online price comparison tools increase competition between businesses?
- 7th January 2013Give one example of a sales promotion technique.
- 8th January 2013Explain one drawback of batch production.
- 9th January 2013Explain why keeping an existing customer is usually cheaper than winning a new one.
- 10th January 2013State one type of external change that can affect how a business operates.
- 11th January 2013Identify whether a haircut is a good or a service.
- 12th January 2013What does the M stand for in a SMART objective?
- 13th January 2013Identify the term for a business having too little start-up finance to survive its early months.
- 14th January 2013Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 15th January 2013A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 16th January 2013State what delayering means.
- 17th January 2013State the formula for labour turnover rate.
- 18th January 2013State one cost to a business of dealing with a faulty product return.
- 19th January 2013Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 20th January 2013State what it means when the pound appreciates.
- 21st January 2013Name the 4Ps of the marketing mix.
- 22nd January 2013What does 'function' mean in the design mix?
- 23rd January 2013A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 24th January 2013Why does supplier capacity matter to a growing business?
- 25th January 2013State one risk specific to growth through a merger or takeover, other than cost.
- 26th January 2013Define adding value in a business context.
- 27th January 2013Identify which location factor matters most to a business that relies heavily on passing trade.
- 28th January 2013What is the difference between start-up capital and working capital?
- 29th January 2013What does the margin of safety measure?
- 30th January 2013Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 31st January 2013Give one advantage to an employer of part-time contracts.