Daily Practice · GCSE Business
July 2017 5-a-day
Every sheet in July 2017
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2017Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
- 2nd July 2017Give one reason a business might advertise an external quality standard such as ISO certification.
- 3rd July 2017Explain how consistent quality supports a higher price.
- 4th July 2017State the formula for profit.
- 5th July 2017Explain the difference between limited and unlimited liability in one sentence.
- 6th July 2017Explain why spotting a trend early can benefit an entrepreneur.
- 7th July 2017A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 8th July 2017State the formula for gross profit.
- 9th July 2017A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 10th July 2017State one non-financial reward that could improve staff motivation without extra pay.
- 11th July 2017Explain one reason a small business might be slower than a large business to adopt new technology.
- 12th July 2017Explain why a rise in corporation tax could reduce how much a business invests.
- 13th July 2017Explain one way high unemployment could benefit a business's recruitment.
- 14th July 2017State one consequence for a business of running an inconsistent marketing mix.
- 15th July 2017State one advantage of an indirect distribution channel.
- 16th July 2017Explain why social media complaints need a faster response than emails.
- 17th July 2017A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 18th July 2017State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 19th July 2017Identify one source of new business ideas, other than spotting a gap in the market.
- 20th July 2017Identify whether the local community is an internal or external stakeholder.
- 21st July 2017State one reason a franchise is generally considered lower risk than an independent start-up.
- 22nd July 2017Give one drawback of using retained profit to finance expansion.
- 23rd July 2017Is paying the electricity bill capital or revenue expenditure? Explain.
- 24th July 2017State one selection method used to test a candidate's communication skills.
- 25th July 2017Give one item typically found in a person specification.
- 26th July 2017Give one cost to a business of providing full health and safety training to all staff.
- 27th July 2017Give an example of a data protection duty a business has.
- 28th July 2017What is the difference between primary and secondary market research?
- 29th July 2017What shape does a typical product life cycle sales graph take?
- 30th July 2017Why can strong branding allow a business to charge a premium price?
- 31st July 2017Give three criteria a business uses when choosing a supplier.