Daily Practice · GCSE Business
June 2017 5-a-day
Every sheet in June 2017
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2017What is the difference between above the line and below the line promotion?
- 2nd June 2017Explain why flow production is risky if demand is unpredictable.
- 3rd June 2017Give three examples of after-sales service.
- 4th June 2017Identify one risk to a business that fails to adapt to a significant change in its external environment.
- 5th June 2017State one reason why entrepreneurs take on risk when starting a business.
- 6th June 2017Identify one common aim of a brand new start-up business.
- 7th June 2017State one action a new business owner could take to reduce the risk of cash-flow problems.
- 8th June 2017A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 9th June 2017What does the gross profit margin measure?
- 10th June 2017Explain one advantage of decentralisation.
- 11th June 2017State one method a business could use to improve staff retention.
- 12th June 2017Name the main UK law protecting consumers when buying goods.
- 13th June 2017State one way improved transport has supported globalisation.
- 14th June 2017State what it means when the pound depreciates.
- 15th June 2017Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 16th June 2017Give one example of an aesthetic feature of a product.
- 17th June 2017State two consequences of holding too little stock.
- 18th June 2017Give one reason a business might publicise its supplier standards.
- 19th June 2017Define overtrading.
- 20th June 2017State one method a business can use to add value to its product.
- 21st June 2017Explain why access to good transport links matters to a business that delivers goods nationally.
- 22nd June 2017Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 23rd June 2017State the formula for break-even output.
- 24th June 2017Why can a sole trader not raise finance through share capital?
- 25th June 2017State one reason a business might prefer full-time contracts for its key staff.
- 26th June 2017Identify one example of off-the-job training.
- 27th June 2017State one reason a USP needs to be difficult for competitors to copy.
- 28th June 2017Give one way a business can find out about its competitors.
- 29th June 2017Why is a larger sample size generally more reliable than a smaller one?
- 30th June 2017A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.