Daily Practice · GCSE Business
February 2014 5-a-day
Every sheet in February 2014
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2014State one disadvantage of off-the-job training.
- 2nd February 2014Define differentiation.
- 3rd February 2014State one effect of strong competition on the prices a business can charge.
- 4th February 2014A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 5th February 2014A business sells 4,000 units at 10 pounds each. Calculate its total revenue.
- 6th February 2014What two factors does the Boston Matrix measure?
- 7th February 2014A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 8th February 2014Give three ways a business can identify quality problems.
- 9th February 2014Identify whether rent is a fixed cost or a variable cost.
- 10th February 2014State the ownership structure that has one owner and unlimited liability.
- 11th February 2014Define what is meant by the dynamic nature of the business environment.
- 12th February 2014Why is cash considered more liquid than stock, even though both can be current assets?
- 13th February 2014State the formula for net profit.
- 14th February 2014State one disadvantage of a narrow span of control.
- 15th February 2014Identify one example of job enrichment.
- 16th February 2014State one risk to a business of storing customer data online.
- 17th February 2014State one type of business that might see demand rise during a recession.
- 18th February 2014Define unemployment.
- 19th February 2014True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 20th February 2014What is a wholesaler?
- 21st February 2014Give one operational cost that e-commerce creates which a shop does not have.
- 22nd February 2014Why does technology investment need to be judged against demand rather than cost alone?
- 23rd February 2014Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 24th February 2014Explain why determination matters when starting a new business.
- 25th February 2014Identify whether shareholders are internal or external stakeholders.
- 26th February 2014Define risk in the context of enterprise.
- 27th February 2014Why might a sole trader be unable to raise finance through share capital?
- 28th February 2014A 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.