Daily Practice · GCSE Business
December 2016 5-a-day
Every sheet in December 2016
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2016A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 2nd December 2016State one disadvantage of a narrow span of control.
- 3rd December 2016Identify one example of job enrichment.
- 4th December 2016State one risk to a business of storing customer data online.
- 5th December 2016State one type of business that might see demand rise during a recession.
- 6th December 2016Define unemployment.
- 7th December 2016True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 8th December 2016What is a wholesaler?
- 9th December 2016Give one operational cost that e-commerce creates which a shop does not have.
- 10th December 2016Why does technology investment need to be judged against demand rather than cost alone?
- 11th December 2016Give one advantage of buying a franchise rather than starting an entirely independent business.
- 12th December 2016State one way an entrepreneur could generate a business idea without inventing something completely new.
- 13th December 2016Identify whether shareholders are internal or external stakeholders.
- 14th December 2016Define reward in the context of enterprise.
- 15th December 2016Is retained profit an internal or an external source of finance?
- 16th December 2016A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 17th December 2016Give one advantage of internal recruitment.
- 18th December 2016State one risk to a business of recruiting without a clear job description.
- 19th December 2016Give one example of a protected characteristic under the Equality Act 2010.
- 20th December 2016State one risk to a business of breaking the law.
- 21st December 2016What is meant by a 'representative sample'?
- 22nd December 2016True or false: every product follows the product life cycle at the same speed.
- 23rd December 2016Give one benefit to a business of strong brand recognition.
- 24th December 2016Why can poor conditions at a supplier damage a business that does not own that supplier?
- 25th December 2016Give one reason a business might prefer lean methods to buying automated machinery.
- 26th December 2016Identify what typically happens to unemployment during a recession.
- 27th December 2016State one characteristic a business might use to segment its market.
- 28th December 2016Explain why a business plan is not a guarantee of success.
- 29th December 2016Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 30th December 2016Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 31st December 2016A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.