Daily Practice · GCSE Business
October 2016 5-a-day
Every sheet in October 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2016Give one interest the government has as a stakeholder in a business.
- 2nd October 2016State one non-financial reward an entrepreneur might gain from running their own business.
- 3rd October 2016A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 4th October 2016Is buying a new shop premises capital or revenue expenditure? Explain.
- 5th October 2016Identify one method of external recruitment.
- 6th October 2016State one recruitment document used to help write a job advert.
- 7th October 2016Name the UK law that requires employers to protect the health, safety and welfare of their employees.
- 8th October 2016Explain why legislation is described as an external influence on business.
- 9th October 2016Name three variables a business could use to segment a market.
- 10th October 2016State one marketing mix change a business might make during the decline stage.
- 11th October 2016What is brand loyalty?
- 12th October 2016State one advantage and one disadvantage of using a single supplier.
- 13th October 2016Explain what kaizen means and why employee involvement is essential to it.
- 14th October 2016Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 15th October 2016Define market segmentation.
- 16th October 2016Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 17th October 2016What is meant by a 'cash-flow problem'?
- 18th October 2016A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 19th October 2016Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 20th October 2016Identify one legal reason a business must provide training.
- 21st October 2016State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 22nd October 2016Explain one risk to a business of being exposed for unethical behaviour.
- 23rd October 2016Define search engine optimisation (SEO).
- 24th October 2016State one risk to a business's reputation created by social media and online reviews.
- 25th October 2016Give one advantage of digital promotion over traditional above the line advertising.
- 26th October 2016Give one reason a job production business might charge a higher price.
- 27th October 2016How can good customer service justify a higher price?
- 28th October 2016Give an example of a change in technology that has affected how many UK retailers operate.
- 29th October 2016State the difference between a good and a service.
- 30th October 2016State one non-financial aim a business might have.
- 31st October 2016Give one reason poor market research increases the risk of a new business failing.