Daily Practice · GCSE Business
September 2014 5-a-day
Every sheet in September 2014
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 2014State the difference between organic and external growth.
- 2nd September 2014Identify why adding value can be more attractive to a business than competing purely on low price.
- 3rd September 2014State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 4th September 2014Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 5th September 2014State the formula for break-even output.
- 6th September 2014Why can a sole trader not raise finance through share capital?
- 7th September 2014State one reason a business might prefer full-time contracts for its key staff.
- 8th September 2014Identify one example of off-the-job training.
- 9th September 2014State one reason a USP needs to be difficult for competitors to copy.
- 10th September 2014Give one way a business can find out about its competitors.
- 11th September 2014Why is a larger sample size generally more reliable than a smaller one?
- 12th September 2014What is cost-plus pricing?
- 13th September 2014Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
- 14th September 2014Give one reason a business might advertise an external quality standard such as ISO certification.
- 15th September 2014Explain how consistent quality supports a higher price.
- 16th September 2014State the formula for profit.
- 17th September 2014Explain the difference between limited and unlimited liability in one sentence.
- 18th September 2014Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 19th September 2014A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 20th September 2014Give one example of an asset and one example of a liability on a statement of financial position.
- 21st September 2014A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 22nd September 2014State one non-financial reward that could improve staff motivation without extra pay.
- 23rd September 2014Explain one reason a small business might be slower than a large business to adopt new technology.
- 24th September 2014Explain why a rise in corporation tax could reduce how much a business invests.
- 25th September 2014Explain one way high unemployment could benefit a business's recruitment.
- 26th September 2014State one consequence for a business of running an inconsistent marketing mix.
- 27th September 2014State one advantage of an indirect distribution channel.
- 28th September 2014Explain why social media complaints need a faster response than emails.
- 29th September 2014A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 30th September 2014Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.