Daily Practice · GCSE Business
September 2017 5-a-day
Every sheet in September 2017
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st September 2017State one risk of trying to compete only by cutting price rather than adding genuine value.
- 2nd September 2017State one factor that influences where a business chooses to locate.
- 3rd September 2017A start-up needs 6,000 pounds for equipment and 2,000 pounds for its first order of stock. Calculate its total start-up finance requirement.
- 4th September 2017State the formula for contribution per unit.
- 5th September 2017A sole trader needs finance but does not want to give up any control of her business. Which source should she avoid, and why?
- 6th September 2017State one disadvantage to an employee of a zero-hours contract.
- 7th September 2017State when induction training typically takes place.
- 8th September 2017Explain why successful differentiation can reduce a business's price sensitivity of demand.
- 9th September 2017Explain why a monopoly business can often charge higher prices.
- 10th September 2017A survey of 200 people found 90 preferred Brand A. Calculate the percentage who preferred Brand A.
- 11th September 2017A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 12th September 2017What is a 'cash cow' in the Boston Matrix?
- 13th September 2017Explain one benefit of making each worker responsible for checking their own work.
- 14th September 2017A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
- 15th September 2017Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 16th September 2017Identify the abbreviation added to the end of a private limited company's name.
- 17th September 2017Define what is meant by the dynamic nature of the business environment.
- 18th September 2017What is the key difference between cash and profit?
- 19th September 2017A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
- 20th September 2017State one feature of a tall organisational structure.
- 21st September 2017Explain one drawback of relying only on financial rewards to motivate staff.
- 22nd September 2017State one function of a business that can be affected by new technology.
- 23rd September 2017Define a recession.
- 24th September 2017Define inflation.
- 25th September 2017Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 26th September 2017Why might a business use both a website and physical stores rather than just one?
- 27th September 2017Explain one benefit and one risk of using a chatbot for customer enquiries.
- 28th September 2017State two drawbacks of automating a production line.
- 29th September 2017Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 30th September 2017Explain why determination matters when starting a new business.