Daily Practice · GCSE Business
February 2021 5-a-day
Every sheet in February 2021
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st February 2021State one effect of strong competition on the prices a business can charge.
- 2nd February 2021A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 3rd February 2021What is cost-plus pricing?
- 4th February 2021What two factors does the Boston Matrix measure?
- 5th February 2021A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 6th February 2021Give three ways a business can identify quality problems.
- 7th February 2021Identify whether rent is a fixed cost or a variable cost.
- 8th February 2021State the ownership structure that has one owner and unlimited liability.
- 9th February 2021Explain why spotting a trend early can benefit an entrepreneur.
- 10th February 2021Why is cash considered more liquid than stock, even though both can be current assets?
- 11th February 2021Give one example of an asset and one example of a liability on a statement of financial position.
- 12th February 2021State one disadvantage of a narrow span of control.
- 13th February 2021Identify one example of job enrichment.
- 14th February 2021State one risk to a business of storing customer data online.
- 15th February 2021State one type of business that might see demand rise during a recession.
- 16th February 2021Define unemployment.
- 17th February 2021True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
- 18th February 2021What is a wholesaler?
- 19th February 2021Give one operational cost that e-commerce creates which a shop does not have.
- 20th February 2021Why does technology investment need to be judged against demand rather than cost alone?
- 21st February 2021State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 22nd February 2021Identify one source of new business ideas, other than spotting a gap in the market.
- 23rd February 2021Identify whether shareholders are internal or external stakeholders.
- 24th February 2021State one reason a franchise is generally considered lower risk than an independent start-up.
- 25th February 2021Give one advantage and one drawback of trade credit.
- 26th February 2021A business buys office furniture for 3,200 pounds and pays 1,800 pounds in staff wages in the same month. Calculate its total capital expenditure for the month.
- 27th February 2021Give one advantage of internal recruitment.
- 28th February 2021State one risk to a business of recruiting without a clear job description.