Daily Practice · GCSE Business
June 2015 5-a-day
Every sheet in June 2015
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2015State one risk to a business's reputation created by social media and online reviews.
- 2nd June 2015Give one advantage of digital promotion over traditional above the line advertising.
- 3rd June 2015Give one reason a job production business might charge a higher price.
- 4th June 2015How can good customer service justify a higher price?
- 5th June 2015State one type of external change that can affect how a business operates.
- 6th June 2015State the difference between a good and a service.
- 7th June 2015State one non-financial aim a business might have.
- 8th June 2015Identify the term for a business having too little start-up finance to survive its early months.
- 9th June 2015State the formula for gross profit margin.
- 10th June 2015A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 11th June 2015Identify one risk of decentralisation.
- 12th June 2015A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 13th June 2015Explain what fit for purpose means under consumer law.
- 14th June 2015Define an export.
- 15th June 2015State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 16th June 2015Why should the 4Ps be based on the results of market segmentation?
- 17th June 2015True or false: the correct balance of the design mix is the same for every product.
- 18th June 2015State two costs of holding too much stock.
- 19th June 2015Explain one risk of sourcing from overseas.
- 20th June 2015State one risk specific to growth through a merger or takeover, other than cost.
- 21st June 2015Define adding value in a business context.
- 22nd June 2015Identify which location factor matters most to a business that relies heavily on passing trade.
- 23rd June 2015What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 24th June 2015What does 'break-even' mean?
- 25th June 2015State two factors a business owner should consider when choosing a source of finance.
- 26th June 2015State what a contract of employment sets out.
- 27th June 2015State one disadvantage of off-the-job training.
- 28th June 2015Define differentiation.
- 29th June 2015State one effect of strong competition on the prices a business can charge.
- 30th June 2015A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.