Daily Practice · GCSE Business
August 2021 5-a-day
Every sheet in August 2021
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st August 2021Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 2nd August 2021Define market segmentation.
- 3rd August 2021Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 4th August 2021What is overtrading?
- 5th August 2021What is the difference between a cash inflow and a cash outflow?
- 6th August 2021A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 7th August 2021State the difference between training and development.
- 8th August 2021Identify one example of a hygiene factor.
- 9th August 2021Explain why there can be a trade-off between acting ethically and making a profit.
- 10th August 2021Define e-commerce.
- 11th August 2021What is e-commerce?
- 12th August 2021What is the difference between above the line and below the line promotion?
- 13th August 2021Explain why flow production is risky if demand is unpredictable.
- 14th August 2021Give three examples of after-sales service.
- 15th August 2021Give an example of a change in technology that has affected how many UK retailers operate.
- 16th August 2021State one reason why entrepreneurs take on risk when starting a business.
- 17th August 2021Identify one common aim of a brand new start-up business.
- 18th August 2021Give one reason poor market research increases the risk of a new business failing.
- 19th August 2021A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 20th August 2021What does the gross profit margin measure?
- 21st August 2021Explain one advantage of decentralisation.
- 22nd August 2021State one method a business could use to improve staff retention.
- 23rd August 2021Name the main UK law protecting consumers when buying goods.
- 24th August 2021State one way improved transport has supported globalisation.
- 25th August 2021State what it means when the pound depreciates.
- 26th August 2021Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 27th August 2021Give one example of an aesthetic feature of a product.
- 28th August 2021State two consequences of holding too little stock.
- 29th August 2021Give one reason a business might publicise its supplier standards.
- 30th August 2021Identify which type of growth, organic or external, a merger is an example of.
- 31st August 2021Explain how excellent customer service can add value to a service business.