Daily Practice · GCSE Business
November 2015 5-a-day
Every sheet in November 2015
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st November 2015Explain why a profitable business can still fail.
- 2nd November 2015Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 3rd November 2015A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 4th November 2015State what delayering means.
- 5th November 2015State the formula for labour turnover rate.
- 6th November 2015State one cost to a business of dealing with a faulty product return.
- 7th November 2015Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 8th November 2015State what it means when the pound appreciates.
- 9th November 2015Name the 4Ps of the marketing mix.
- 10th November 2015What does 'function' mean in the design mix?
- 11th November 2015A 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.
- 12th November 2015Why does supplier capacity matter to a growing business?
- 13th November 2015State the difference between organic and external growth.
- 14th November 2015Identify why adding value can be more attractive to a business than competing purely on low price.
- 15th November 2015State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 16th November 2015What is the difference between start-up capital and working capital?
- 17th November 2015What does the margin of safety measure?
- 18th November 2015Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 19th November 2015Give one advantage to an employer of part-time contracts.
- 20th November 2015Give one advantage of on-the-job training.
- 21st November 2015Explain how strong branding can help a business differentiate.
- 22nd November 2015Give one benefit to consumers of a highly competitive market.
- 23rd November 2015What is meant by a 'random sample'?
- 24th November 2015A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.
- 25th November 2015Give one example of an extension strategy.
- 26th November 2015Give three costs to a business of poor quality.
- 27th November 2015Why should a business look for the cause rather than fixing each faulty item?
- 28th November 2015State the formula for total revenue.
- 29th November 2015State where the shares of a public limited company (plc) can be bought and sold.
- 30th November 2015Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.