Daily Practice · GCSE Business
July 2020 5-a-day
Every sheet in July 2020
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2020Explain one benefit of making each worker responsible for checking their own work.
- 2nd July 2020A 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.
- 3rd July 2020Identify whether the cost of raw materials is a fixed cost or a variable cost.
- 4th July 2020Identify the abbreviation added to the end of a private limited company's name.
- 5th July 2020Name a UK business that grew mainly by innovating an existing product, rather than inventing something entirely new.
- 6th July 2020What is the key difference between cash and profit?
- 7th July 2020State the formula for net profit.
- 8th July 2020State one feature of a tall organisational structure.
- 9th July 2020Explain one drawback of relying only on financial rewards to motivate staff.
- 10th July 2020State one function of a business that can be affected by new technology.
- 11th July 2020Define a recession.
- 12th July 2020Define inflation.
- 13th July 2020Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 14th July 2020Why might a business use both a website and physical stores rather than just one?
- 15th July 2020Explain one benefit and one risk of using a chatbot for customer enquiries.
- 16th July 2020State two drawbacks of automating a production line.
- 17th July 2020Give one advantage of buying a franchise rather than starting an entirely independent business.
- 18th July 2020State one way an entrepreneur could generate a business idea without inventing something completely new.
- 19th July 2020State one interest a supplier has in the businesses it supplies.
- 20th July 2020Define reward in the context of enterprise.
- 21st July 2020Why might a sole trader be unable to raise finance through share capital?
- 22nd July 2020What is capital expenditure?
- 23rd July 2020Identify one document a candidate usually submits when applying for a job.
- 24th July 2020Identify the term for a qualification or skill that is useful but not required for a role.
- 25th July 2020Explain one benefit to a business of complying fully with employment and health and safety law.
- 26th July 2020Define legislation.
- 27th July 2020A business segments its market by income. Give one product example that suits income-based segmentation.
- 28th July 2020Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 29th July 2020What is meant by 'brand equity'?
- 30th July 2020Explain how trade credit affects a small business's cash flow.
- 31st July 2020Explain one risk of removing all buffer stock as part of lean production.