Daily Practice · GCSE Business
January 2015 5-a-day
Every sheet in January 2015
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2015If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 2nd January 2015Give one indirect cost of training.
- 3rd January 2015Give one example of a motivator under Herzberg's theory.
- 4th January 2015State one way a business can benefit from being seen as environmentally friendly.
- 5th January 2015State what pay-per-click (PPC) advertising means.
- 6th January 2015What is search engine optimisation, and what is its purpose in marketing?
- 7th January 2015What is public relations?
- 8th January 2015State two advantages of flow production.
- 9th January 2015Explain why product knowledge reduces returns as well as increasing sales.
- 10th January 2015Identify one risk to a business that fails to adapt to a significant change in its external environment.
- 11th January 2015Give an example of a want, as opposed to a need.
- 12th January 2015Explain why a business's aims might change after it takes on outside investors.
- 13th January 2015State one action a new business owner could take to reduce the risk of cash-flow problems.
- 14th January 2015A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 15th January 2015Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.
- 16th January 2015Give one advantage of centralisation.
- 17th January 2015Identify what a persistently high labour turnover rate might suggest about a business.
- 18th January 2015Explain why accurate product descriptions benefit a business, as well as being a legal requirement.
- 19th January 2015Give one reason globalisation has increased competition for UK businesses.
- 20th January 2015Define exchange rate.
- 21st January 2015True or false: each element of the marketing mix should be decided independently of the others.
- 22nd January 2015A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?
- 23rd January 2015Explain how buffer stock protects a business, and state its cost.
- 24th January 2015Explain how credit terms can matter more than price to a small business.
- 25th January 2015Define overtrading.
- 26th January 2015State one method a business can use to add value to its product.
- 27th January 2015Explain why access to good transport links matters to a business that delivers goods nationally.
- 28th January 2015Why might a profitable business still need extra finance?
- 29th January 2015A business has a break-even output of 300 units and currently sells 450 units. Calculate its margin of safety.
- 30th January 2015Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
- 31st January 2015Identify one item usually included in a contract of employment.