Daily Practice · GCSE Business
August 2018 5-a-day
Every sheet in August 2018
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2018Define lean production.
- 2nd August 2018State the three stages of the economic, or business, cycle referred to in this topic.
- 3rd August 2018State the difference between primary and secondary market research.
- 4th August 2018Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 5th August 2018Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 6th August 2018What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 7th August 2018Give one possible drawback of raising the selling price to lower the break-even output.
- 8th August 2018Explain one reason training can improve staff motivation.
- 9th August 2018State who developed the two-factor theory of motivation.
- 10th August 2018State one example of an unethical business practice.
- 11th August 2018Explain what click-through rate measures.
- 12th August 2018Why can online price comparison tools increase competition between businesses?
- 13th August 2018Give one example of a sales promotion technique.
- 14th August 2018Explain one drawback of batch production.
- 15th August 2018Explain why keeping an existing customer is usually cheaper than winning a new one.
- 16th August 2018Identify one risk to a business that fails to adapt to a significant change in its external environment.
- 17th August 2018Identify whether a haircut is a good or a service.
- 18th August 2018What does the M stand for in a SMART objective?
- 19th August 2018State one action a new business owner could take to reduce the risk of cash-flow problems.
- 20th August 2018Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 21st August 2018A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 22nd August 2018State what delayering means.
- 23rd August 2018State the formula for labour turnover rate.
- 24th August 2018State one cost to a business of dealing with a faulty product return.
- 25th August 2018Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 26th August 2018State what it means when the pound appreciates.
- 27th August 2018Name the 4Ps of the marketing mix.
- 28th August 2018What does 'function' mean in the design mix?
- 29th August 2018A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 30th August 2018Why does supplier capacity matter to a growing business?
- 31st August 2018Define overtrading.