Daily Practice · GCSE Business
June 2016 5-a-day
Every sheet in June 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2016What is public relations?
- 2nd June 2016State two advantages of flow production.
- 3rd June 2016Explain why product knowledge reduces returns as well as increasing sales.
- 4th June 2016State one reason a change in consumer tastes might force a food business to change its menu.
- 5th June 2016Give an example of a want, as opposed to a need.
- 6th June 2016Explain why a business's aims might change after it takes on outside investors.
- 7th June 2016State one internal cause of new business failure.
- 8th June 2016A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 9th June 2016Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.
- 10th June 2016Give one advantage of centralisation.
- 11th June 2016Identify what a persistently high labour turnover rate might suggest about a business.
- 12th June 2016Explain why accurate product descriptions benefit a business, as well as being a legal requirement.
- 13th June 2016Give one reason globalisation has increased competition for UK businesses.
- 14th June 2016Define exchange rate.
- 15th June 2016True or false: each element of the marketing mix should be decided independently of the others.
- 16th June 2016A product for a safety-critical use, such as a car brake pad, should prioritise which element of the design mix, and why?
- 17th June 2016Explain how buffer stock protects a business, and state its cost.
- 18th June 2016Explain how credit terms can matter more than price to a small business.
- 19th June 2016Give one example of an economy of scale.
- 20th June 2016State one risk of trying to compete only by cutting price rather than adding genuine value.
- 21st June 2016State one factor that influences where a business chooses to locate.
- 22nd June 2016Why might a profitable business still need extra finance?
- 23rd June 2016A business has a break-even output of 300 units and currently sells 450 units. Calculate its margin of safety.
- 24th June 2016Why might a business choose an overdraft rather than a bank loan for a short-term cash-flow gap?
- 25th June 2016Identify one item usually included in a contract of employment.
- 26th June 2016Explain one disadvantage of on-the-job training.
- 27th June 2016State one way a business can differentiate through customer service.
- 28th June 2016Explain why a business's market share could fall even if its own sales revenue is rising.
- 29th June 2016Why might data collected five years ago be less reliable for a current marketing decision than data collected this year?
- 30th June 2016Give one market condition that makes price skimming an appropriate strategy.