Daily Practice · GCSE Business
June 2014 5-a-day
Every sheet in June 2014
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2014Why can online price comparison tools increase competition between businesses?
- 2nd June 2014Give one example of a sales promotion technique.
- 3rd June 2014Explain one drawback of batch production.
- 4th June 2014Explain why keeping an existing customer is usually cheaper than winning a new one.
- 5th June 2014Give an example of a change in technology that has affected how many UK retailers operate.
- 6th June 2014Identify whether a haircut is a good or a service.
- 7th June 2014What does the M stand for in a SMART objective?
- 8th June 2014Give one reason poor market research increases the risk of a new business failing.
- 9th June 2014Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 10th June 2014A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 11th June 2014State what delayering means.
- 12th June 2014State the formula for labour turnover rate.
- 13th June 2014State one cost to a business of dealing with a faulty product return.
- 14th June 2014Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 15th June 2014State what it means when the pound appreciates.
- 16th June 2014Name the 4Ps of the marketing mix.
- 17th June 2014What does 'function' mean in the design mix?
- 18th June 2014A 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.
- 19th June 2014Why does supplier capacity matter to a growing business?
- 20th June 2014Identify which type of growth, organic or external, a merger is an example of.
- 21st June 2014Explain how excellent customer service can add value to a service business.
- 22nd June 2014Give one non-financial factor, other than transport, that might influence a service business's location choice.
- 23rd June 2014What is the difference between start-up capital and working capital?
- 24th June 2014What does the margin of safety measure?
- 25th June 2014Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 26th June 2014Give one advantage to an employer of part-time contracts.
- 27th June 2014Give one advantage of on-the-job training.
- 28th June 2014Explain how strong branding can help a business differentiate.
- 29th June 2014Give one benefit to consumers of a highly competitive market.
- 30th June 2014What is meant by a 'random sample'?