Daily Practice · GCSE Business
May 2016 5-a-day
Every sheet in May 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2016Define inflation.
- 2nd May 2016Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 3rd May 2016Why might a business use both a website and physical stores rather than just one?
- 4th May 2016Explain one benefit and one risk of using a chatbot for customer enquiries.
- 5th May 2016State two drawbacks of automating a production line.
- 6th May 2016State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 7th May 2016Identify one source of new business ideas, other than spotting a gap in the market.
- 8th May 2016State one interest a supplier has in the businesses it supplies.
- 9th May 2016State one reason a franchise is generally considered lower risk than an independent start-up.
- 10th May 2016Give one advantage and one drawback of trade credit.
- 11th May 2016What is capital expenditure?
- 12th May 2016Identify one document a candidate usually submits when applying for a job.
- 13th May 2016Identify the term for a qualification or skill that is useful but not required for a role.
- 14th May 2016Explain one benefit to a business of complying fully with employment and health and safety law.
- 15th May 2016Define legislation.
- 16th May 2016Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 17th May 2016Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 18th May 2016What is meant by 'brand equity'?
- 19th May 2016Explain how trade credit affects a small business's cash flow.
- 20th May 2016Explain one risk of removing all buffer stock as part of lean production.
- 21st May 2016State one way a business might respond to falling consumer spending during a recession.
- 22nd May 2016Explain why a business should carry out market research before launching a new product.
- 23rd May 2016State one section usually included in a business plan.
- 24th May 2016State one drawback of using an overdraft to solve a cash-flow problem.
- 25th May 2016A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 26th May 2016If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 27th May 2016Give one indirect cost of training.
- 28th May 2016Give one example of a motivator under Herzberg's theory.
- 29th May 2016State one way a business can benefit from being seen as environmentally friendly.
- 30th May 2016State what pay-per-click (PPC) advertising means.
- 31st May 2016What is search engine optimisation, and what is its purpose in marketing?