Daily Practice · GCSE Business
February 2015 5-a-day
Every sheet in February 2015
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2015Explain one disadvantage of on-the-job training.
- 2nd February 2015State one way a business can differentiate through customer service.
- 3rd February 2015Explain why a business's market share could fall even if its own sales revenue is rising.
- 4th February 2015Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?
- 5th February 2015What is price discrimination?
- 6th February 2015What is an extension strategy?
- 7th February 2015Explain why quality matters more for a business selling online than for a market stall.
- 8th February 2015Explain why external failure usually costs more per unit than internal failure.
- 9th February 2015A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
- 10th February 2015State the number of owners a standard partnership usually has.
- 11th February 2015Explain why spotting a trend early can benefit an entrepreneur.
- 12th February 2015Give one way a business could improve its working capital.
- 13th February 2015What does the statement of financial position show?
- 14th February 2015Give one advantage of a wide span of control.
- 15th February 2015Give one non-financial method of motivation.
- 16th February 2015Explain why automation can reduce a business's unit costs.
- 17th February 2015Give an example of an indirect tax.
- 18th February 2015State what CPI stands for.
- 19th February 2015What should be the starting point when designing a marketing mix?
- 20th February 2015State one disadvantage of a direct distribution channel.
- 21st February 2015Why must a business selling online take data protection seriously?
- 22nd February 2015Explain one benefit of computer aided design.
- 23rd February 2015State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 24th February 2015Identify one source of new business ideas, other than spotting a gap in the market.
- 25th February 2015Define the term stakeholder.
- 26th February 2015State one reason a franchise is generally considered lower risk than an independent start-up.
- 27th February 2015A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 28th February 2015What is revenue expenditure?