Daily Practice · GCSE Business
May 2018 5-a-day
Every sheet in May 2018
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2018Define unemployment.
- 2nd May 2018True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 3rd May 2018What is a wholesaler?
- 4th May 2018Give one operational cost that e-commerce creates which a shop does not have.
- 5th May 2018Why does technology investment need to be judged against demand rather than cost alone?
- 6th May 2018Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
- 7th May 2018Define entrepreneur.
- 8th May 2018Identify whether shareholders are internal or external stakeholders.
- 9th May 2018Explain the general relationship between risk and potential reward in business.
- 10th May 2018A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 11th May 2018A 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.
- 12th May 2018Give one advantage of internal recruitment.
- 13th May 2018State one risk to a business of recruiting without a clear job description.
- 14th May 2018Give one example of a protected characteristic under the Equality Act 2010.
- 15th May 2018State one risk to a business of breaking the law.
- 16th May 2018Name three variables a business could use to segment a market.
- 17th May 2018True or false: every product follows the product life cycle at the same speed.
- 18th May 2018Give one benefit to a business of strong brand recognition.
- 19th May 2018Why can poor conditions at a supplier damage a business that does not own that supplier?
- 20th May 2018Give one reason a business might prefer lean methods to buying automated machinery.
- 21st May 2018Give one reason an entrepreneur might delay launching a new business during an economic downturn.
- 22nd May 2018Give one example of a primary market research method.
- 23rd May 2018State the type of financial forecast that shows the money expected to flow in and out of a business month by month.
- 24th May 2018Give one solution a business could use if late-paying customers are causing its cash-flow problem.
- 25th May 2018Why might a business prepare a cash-flow forecast even if it expects to be profitable for the year?
- 26th May 2018A business's selling price is 15 pounds and variable cost per unit is 9 pounds. Calculate the contribution per unit.
- 27th May 2018State one benefit of training to a business.
- 28th May 2018Identify which category opportunities for promotion belongs to under Herzberg's theory.
- 29th May 2018Give one reason ethical sourcing can increase a business's costs.
- 30th May 2018Give one drawback of e-commerce for a business.
- 31st May 2018Give one cost or resource a business needs in order to run digital marketing effectively.