Daily Practice · GCSE Business
July 2013 5-a-day
Every sheet in July 2013
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2013What is price discrimination?
- 2nd July 2013What is a 'cash cow' in the Boston Matrix?
- 3rd July 2013Explain one benefit of making each worker responsible for checking their own work.
- 4th July 2013A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
- 5th July 2013Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 6th July 2013Identify the abbreviation added to the end of a private limited company's name.
- 7th July 2013Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 8th July 2013What is the key difference between cash and profit?
- 9th July 2013What does the statement of financial position show?
- 10th July 2013State one feature of a tall organisational structure.
- 11th July 2013Explain one drawback of relying only on financial rewards to motivate staff.
- 12th July 2013State one function of a business that can be affected by new technology.
- 13th July 2013Define a recession.
- 14th July 2013Define inflation.
- 15th July 2013Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 16th July 2013Why might a business use both a website and physical stores rather than just one?
- 17th July 2013Explain one benefit and one risk of using a chatbot for customer enquiries.
- 18th July 2013State two drawbacks of automating a production line.
- 19th July 2013Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 20th July 2013Define entrepreneur.
- 21st July 2013State one interest a supplier has in the businesses it supplies.
- 22nd July 2013Explain the general relationship between risk and potential reward in business.
- 23rd July 2013A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 24th July 2013What is capital expenditure?
- 25th July 2013Identify one document a candidate usually submits when applying for a job.
- 26th July 2013Identify the term for a qualification or skill that is useful but not required for a role.
- 27th July 2013Explain one benefit to a business of complying fully with employment and health and safety law.
- 28th July 2013Define legislation.
- 29th July 2013Name three variables a business could use to segment a market.
- 30th July 2013Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 31st July 2013What is meant by 'brand equity'?