Daily Practice · GCSE Business
August 2013 5-a-day
Every sheet in August 2013
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2013Explain how trade credit affects a small business's cash flow.
- 2nd August 2013Explain one risk of removing all buffer stock as part of lean production.
- 3rd August 2013Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 4th August 2013Give one example of a primary market research method.
- 5th August 2013State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 6th August 2013State one drawback of using an overdraft to solve a cash-flow problem.
- 7th August 2013A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 8th August 2013If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 9th August 2013Give one indirect cost of training.
- 10th August 2013Give one example of a motivator under Herzberg's theory.
- 11th August 2013State one way a business can benefit from being seen as environmentally friendly.
- 12th August 2013State what pay-per-click (PPC) advertising means.
- 13th August 2013What is search engine optimisation, and what is its purpose in marketing?
- 14th August 2013What is public relations?
- 15th August 2013State two advantages of flow production.
- 16th August 2013Explain why product knowledge reduces returns as well as increasing sales.
- 17th August 2013Give one example of a business adapting successfully to a change in its external environment.
- 18th August 2013Give an example of a want, as opposed to a need.
- 19th August 2013Explain why a business's aims might change after it takes on outside investors.
- 20th August 2013State one external cause of new business failure.
- 21st August 2013A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 22nd August 2013Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.
- 23rd August 2013Give one advantage of centralisation.
- 24th August 2013Identify what a persistently high labour turnover rate might suggest about a business.
- 25th August 2013Explain why accurate product descriptions benefit a business, as well as being a legal requirement.
- 26th August 2013Give one reason globalisation has increased competition for UK businesses.
- 27th August 2013Define exchange rate.
- 28th August 2013True or false: each element of the marketing mix should be decided independently of the others.
- 29th August 2013A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?
- 30th August 2013Explain how buffer stock protects a business, and state its cost.
- 31st August 2013Explain how credit terms can matter more than price to a small business.