Daily Practice · GCSE Business
November 2020 5-a-day
Every sheet in November 2020
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st November 2020What does the net profit margin measure?
- 2nd November 2020State one disadvantage of centralisation.
- 3rd November 2020Explain one reason high labour turnover can reduce productivity.
- 4th November 2020State the three main standards goods must meet under the Consumer Rights Act 2015.
- 5th November 2020Define globalisation.
- 6th November 2020State the effect of an appreciating pound on the cost of imports to a UK business.
- 7th November 2020A business cuts its price significantly. Give one other element of the mix it may also need to change, and why.
- 8th November 2020Name the three elements of the design mix.
- 9th November 2020Explain one benefit and one risk of just in time stock control.
- 10th November 2020Define single sourcing and give one advantage.
- 11th November 2020Define economies of scale.
- 12th November 2020Give an example of a UK business that adds value through branding.
- 13th November 2020Give one reason a manufacturer might locate close to its raw material supplier.
- 14th November 2020State one reason an established business, not a start-up, might need finance.
- 15th November 2020A product sells for 40 pounds and has a variable cost of 15 pounds per unit. Fixed costs are 5,000 pounds. Calculate the break-even output.
- 16th November 2020Why might a lender be unwilling to give a large, unsecured loan to a brand-new business with no trading history?
- 17th November 2020Identify the type of contract that has no guaranteed minimum hours.
- 18th November 2020Identify one purpose of induction training.
- 19th November 2020Give one risk of competing mainly on price rather than differentiating.
- 20th November 2020State one way a business could respond to a new competitor entering the market.
- 21st November 2020A line graph shows a product's sales rising steadily for three years then falling in year four. What might this pattern suggest about the product's position in the product life cycle?
- 22nd November 2020A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 23rd November 2020What is a 'star' in the Boston Matrix?
- 24th November 2020What is continuous improvement, and why does it depend on employees?
- 25th November 2020Give one reason employees are a good source of information about quality problems.
- 26th November 2020A shop sells 150 candles at 8 pounds each. Calculate its total revenue.
- 27th November 2020Name a well-known UK public limited company.
- 28th November 2020Identify one source of change that can create new business opportunities.
- 29th November 2020State the formula for working capital.
- 30th November 2020A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.