Daily Practice · GCSE Business
August 2016 5-a-day
Every sheet in August 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2016A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.
- 2nd August 2016Give one way rising consumer confidence in a boom might affect a business's decisions.
- 3rd August 2016Give one disadvantage of relying only on secondary market research.
- 4th August 2016Identify one external stakeholder who might ask to see a business plan before providing finance.
- 5th August 2016Give one solution a business could use for a short-term cash-flow shortfall, other than chasing customer payments.
- 6th August 2016State the formula for a month's closing balance.
- 7th August 2016If a business successfully cuts its variable cost per unit while keeping its selling price the same, what happens to its break-even output?
- 8th August 2016Identify one direct cost of training.
- 9th August 2016Explain why, according to Herzberg, simply raising pay may not increase motivation.
- 10th August 2016Define business ethics.
- 11th August 2016Give one reason e-commerce might exclude some customers.
- 12th August 2016Give one way technology allows a business to target its promotion more precisely than traditional mass-media advertising.
- 13th August 2016Why must promotion be consistent with the rest of the marketing mix?
- 14th August 2016A bakery makes 200 white loaves, then 150 wholemeal, then 100 seeded. Name the process and explain how you can tell.
- 15th August 2016List four stages of a typical sales process.
- 16th August 2016State one type of external change that can affect how a business operates.
- 17th August 2016Explain why most private sector businesses aim to make a profit.
- 18th August 2016Give one reason a well-established plc might prioritise profit maximisation over survival.
- 19th August 2016Identify the term for a business having too little start-up finance to survive its early months.
- 20th August 2016A business has revenue of 25,000 pounds, cost of sales of 15,000 pounds and expenses of 6,000 pounds. Calculate its gross profit margin and net profit margin.
- 21st August 2016What does the net profit margin measure?
- 22nd August 2016State one disadvantage of centralisation.
- 23rd August 2016Explain one reason high labour turnover can reduce productivity.
- 24th August 2016State the three main standards goods must meet under the Consumer Rights Act 2015.
- 25th August 2016Define globalisation.
- 26th August 2016State the effect of an appreciating pound on the cost of imports to a UK business.
- 27th August 2016A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 28th August 2016Name the three elements of the design mix.
- 29th August 2016Explain one benefit and one risk of just in time stock control.
- 30th August 2016Define single sourcing and give one advantage.
- 31st August 2016State one risk specific to growth through a merger or takeover, other than cost.