Daily Practice · GCSE Business
January 2021 5-a-day
Every sheet in January 2021
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2021State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 2nd January 2021Explain one risk to a business of being exposed for unethical behaviour.
- 3rd January 2021Define search engine optimisation (SEO).
- 4th January 2021State one risk to a business's reputation created by social media and online reviews.
- 5th January 2021Give one advantage of digital promotion over traditional above the line advertising.
- 6th January 2021Give one reason a job production business might charge a higher price.
- 7th January 2021How can good customer service justify a higher price?
- 8th January 2021Identify one risk to a business that fails to adapt to a significant change in its external environment.
- 9th January 2021State the difference between a good and a service.
- 10th January 2021State one non-financial aim a business might have.
- 11th January 2021State one action a new business owner could take to reduce the risk of cash-flow problems.
- 12th January 2021State the formula for gross profit margin.
- 13th January 2021A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 14th January 2021Identify one risk of decentralisation.
- 15th January 2021A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 16th January 2021Explain what fit for purpose means under consumer law.
- 17th January 2021Define an export.
- 18th January 2021State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 19th January 2021Why should the 4Ps be based on the results of market segmentation?
- 20th January 2021True or false: the correct balance of the design mix is the same for every product.
- 21st January 2021State two costs of holding too much stock.
- 22nd January 2021Explain one risk of sourcing from overseas.
- 23rd January 2021Define overtrading.
- 24th January 2021State one method a business can use to add value to its product.
- 25th January 2021Explain why access to good transport links matters to a business that delivers goods nationally.
- 26th January 2021What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 27th January 2021What does 'break-even' mean?
- 28th January 2021State two factors a business owner should consider when choosing a source of finance.
- 29th January 2021State what a contract of employment sets out.
- 30th January 2021State one disadvantage of off-the-job training.
- 31st January 2021Define differentiation.