Daily Practice · GCSE Business
June 2018 5-a-day
Every sheet in June 2018
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2018State one risk of using frequent sales promotions such as heavy discounting.
- 2nd June 2018Define job production and give one example.
- 3rd June 2018Why is a single poor service experience more damaging online than in a shop?
- 4th June 2018Give one example of a business adapting successfully to a change in its external environment.
- 5th June 2018A market trader sells umbrellas only on days when rain is forecast. Suggest what gap in the market they are meeting.
- 6th June 2018Give an example of a SMART objective for a cafe aiming to grow.
- 7th June 2018State one external cause of new business failure.
- 8th June 2018A business has revenue of 90,000 pounds and net profit of 18,000 pounds. Calculate its net profit margin.
- 9th June 2018Name one limitation of using ratio analysis to judge business performance.
- 10th June 2018Identify one likely effect of delayering on remaining managers' span of control.
- 11th June 2018Give one non-pay reason an employee might leave a job.
- 12th June 2018State the length of the short-term right to reject faulty goods for a full refund.
- 13th June 2018Define an import.
- 14th June 2018Using the same order, if the pound then depreciates to 1 pound = 1.00 euro, calculate the new cost in pounds and state whether the importer is better or worse off.
- 15th June 2018Give one example of a 'Product' decision, other than its physical features.
- 16th June 2018State one reason a business selling in a highly price-sensitive, budget market might deliberately limit a product's aesthetics.
- 17th June 2018Define lead time.
- 18th June 2018List five criteria a business uses to choose a supplier.
- 19th June 2018Define economies of scale.
- 20th June 2018Give an example of a UK business that adds value through branding.
- 21st June 2018Give one reason a manufacturer might locate close to its raw material supplier.
- 22nd June 2018Give one example of a start-up cost for a new hairdressing salon.
- 23rd June 2018On a break-even chart, what does the point where the total cost and total revenue lines cross represent?
- 24th June 2018A start-up needs 200,000 pounds to buy premises it will use for the next 20 years. Is this a short-term or a long-term finance need? Explain.
- 25th June 2018Explain one advantage to an employee of flexible working.
- 26th June 2018State one benefit of off-the-job training over on-the-job training.
- 27th June 2018Define a unique selling point (USP).
- 28th June 2018Define market share.
- 29th June 2018A pie chart shows a business's sales by region: North 20%, South 45%, East 15%, West 20%. Which region has the smallest share of sales?
- 30th June 2018What is a loss leader?