Daily Practice · GCSE Business
January 2016 5-a-day
Every sheet in January 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2016A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 2nd January 2016State the difference between training and development.
- 3rd January 2016Identify one example of a hygiene factor.
- 4th January 2016Explain why there can be a trade-off between acting ethically and making a profit.
- 5th January 2016Define e-commerce.
- 6th January 2016What is e-commerce?
- 7th January 2016What is the difference between above the line and below the line promotion?
- 8th January 2016Explain why flow production is risky if demand is unpredictable.
- 9th January 2016Give three examples of after-sales service.
- 10th January 2016Give one example of a business adapting successfully to a change in its external environment.
- 11th January 2016State one reason why entrepreneurs take on risk when starting a business.
- 12th January 2016Identify one common aim of a brand new start-up business.
- 13th January 2016State one external cause of new business failure.
- 14th January 2016A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 15th January 2016What does the gross profit margin measure?
- 16th January 2016Explain one advantage of decentralisation.
- 17th January 2016State one method a business could use to improve staff retention.
- 18th January 2016Name the main UK law protecting consumers when buying goods.
- 19th January 2016State one way improved transport has supported globalisation.
- 20th January 2016State what it means when the pound depreciates.
- 21st January 2016Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 22nd January 2016Give one example of an aesthetic feature of a product.
- 23rd January 2016State two consequences of holding too little stock.
- 24th January 2016Give one reason a business might publicise its supplier standards.
- 25th January 2016Define economies of scale.
- 26th January 2016Give an example of a UK business that adds value through branding.
- 27th January 2016Give one reason a manufacturer might locate close to its raw material supplier.
- 28th January 2016Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 29th January 2016State the formula for break-even output.
- 30th January 2016Why can a sole trader not raise finance through share capital?
- 31st January 2016State one reason a business might prefer full-time contracts for its key staff.