Daily Practice · GCSE Business
June 2021 5-a-day
Every sheet in June 2021
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2021Explain one drawback of batch production.
- 2nd June 2021Explain why keeping an existing customer is usually cheaper than winning a new one.
- 3rd June 2021State one type of external change that can affect how a business operates.
- 4th June 2021Identify whether a haircut is a good or a service.
- 5th June 2021What does the M stand for in a SMART objective?
- 6th June 2021Identify the term for a business having too little start-up finance to survive its early months.
- 7th June 2021Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?
- 8th June 2021A business's net profit margin rises from 8% to 11%. Calculate the change in percentage points.
- 9th June 2021State what delayering means.
- 10th June 2021State the formula for labour turnover rate.
- 11th June 2021State one cost to a business of dealing with a faulty product return.
- 12th June 2021Explain one effect of a tariff on the price UK consumers pay for an imported good.
- 13th June 2021State what it means when the pound appreciates.
- 14th June 2021Name the 4Ps of the marketing mix.
- 15th June 2021What does 'function' mean in the design mix?
- 16th June 2021A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 17th June 2021Why does supplier capacity matter to a growing business?
- 18th June 2021State one risk specific to growth through a merger or takeover, other than cost.
- 19th June 2021Define adding value in a business context.
- 20th June 2021Identify which location factor matters most to a business that relies heavily on passing trade.
- 21st June 2021What is the difference between start-up capital and working capital?
- 22nd June 2021What does the margin of safety measure?
- 23rd June 2021Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 24th June 2021Give one advantage to an employer of part-time contracts.
- 25th June 2021Give one advantage of on-the-job training.
- 26th June 2021Explain how strong branding can help a business differentiate.
- 27th June 2021Give one benefit to consumers of a highly competitive market.
- 28th June 2021What is meant by a 'random sample'?
- 29th June 2021What is price discrimination?
- 30th June 2021Give one example of an extension strategy.