Daily Practice · GCSE Business
February 2020 5-a-day
Every sheet in February 2020
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2020Explain how strong branding can help a business differentiate.
- 2nd February 2020Give one benefit to consumers of a highly competitive market.
- 3rd February 2020What is meant by a 'random sample'?
- 4th February 2020What is a loss leader?
- 5th February 2020Give one example of an extension strategy.
- 6th February 2020Give three costs to a business of poor quality.
- 7th February 2020Why should a business look for the cause rather than fixing each faulty item?
- 8th February 2020State the formula for total revenue.
- 9th February 2020State where the shares of a public limited company (plc) can be bought and sold.
- 10th February 2020Define what is meant by the dynamic nature of the business environment.
- 11th February 2020Explain, in one sentence, how a profitable business could still run out of cash.
- 12th February 2020A business has revenue of 50,000 pounds and cost of sales of 21,000 pounds. Calculate its gross profit.
- 13th February 2020Explain what chain of command means.
- 14th February 2020State the difference between a wage and a salary.
- 15th February 2020Define computer-aided manufacture (CAM).
- 16th February 2020Explain why rising unemployment during a recession can reduce a business's sales.
- 17th February 2020Explain one effect of a rise in interest rates on a business with a variable-rate loan.
- 18th February 2020A business raises its price significantly to reposition as premium. Name one other element of the mix it is also likely to need to change.
- 19th February 2020Give one cost e-commerce can reduce for a small business compared with running physical stores.
- 20th February 2020Define e-commerce and give one benefit for a small business.
- 21st February 2020Explain how stock control software reduces costs.
- 22nd February 2020Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 23rd February 2020Explain why determination matters when starting a new business.
- 24th February 2020State one reason shareholder and employee interests can conflict.
- 25th February 2020Define risk in the context of enterprise.
- 26th February 2020Is retained profit an internal or an external source of finance?
- 27th February 2020Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?
- 28th February 2020State the difference between recruitment and selection.
- 29th February 2020Identify one item typically found in a job description.