Daily Practice · GCSE Business

October 2021 5-a-day

← Today's GCSE Business sheet

October 2021

31 sheets · 155 questions · GCSE

Every sheet in October 2021

The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.

  1. 1st October 2021Define reward in the context of enterprise.
  2. 2nd October 2021Is retained profit an internal or an external source of finance?
  3. 3rd October 2021Is paying the electricity bill capital or revenue expenditure? Explain.
  4. 4th October 2021State one selection method used to test a candidate's communication skills.
  5. 5th October 2021Give one item typically found in a person specification.
  6. 6th October 2021Give one cost to a business of providing full health and safety training to all staff.
  7. 7th October 2021Give an example of a data protection duty a business has.
  8. 8th October 2021What is meant by a 'representative sample'?
  9. 9th October 2021What shape does a typical product life cycle sales graph take?
  10. 10th October 2021Why can strong branding allow a business to charge a premium price?
  11. 11th October 2021Give three criteria a business uses when choosing a supplier.
  12. 12th October 2021State two benefits of cell production compared with a long assembly line.
  13. 13th October 2021Identify what typically happens to unemployment during a recession.
  14. 14th October 2021State one characteristic a business might use to segment its market.
  15. 15th October 2021Explain why a business plan is not a guarantee of success.
  16. 16th October 2021Why can a profitable business still become insolvent?
  17. 17th October 2021State the formula for net cash flow.
  18. 18th October 2021The same business's fixed costs rise to 6,500 pounds, with the contribution per unit unchanged. Calculate the new break-even output.
  19. 19th October 2021State one way a business could measure whether training has been effective.
  20. 20th October 2021State what Herzberg claimed happens if hygiene factors are inadequate.
  21. 21st October 2021State one example of an environmental issue a business might cause.
  22. 22nd October 2021State one benefit of e-commerce over selling in a physical shop.
  23. 23rd October 2021Give one benefit to a small business of selling through e-commerce rather than only a physical store.
  24. 24th October 2021What is sponsorship, in a marketing context?
  25. 25th October 2021A business making 500,000 identical plastic bottles a day has total costs of 60,000 pounds a day. Calculate the unit cost.
  26. 26th October 2021State two costs of providing excellent customer service.
  27. 27th October 2021Explain why a change in the law can force a business to change how it operates.
  28. 28th October 2021What term describes the process of identifying a gap in the market and taking the risk to fill it?
  29. 29th October 2021State the difference between an aim and an objective.
  30. 30th October 2021Explain why a profitable business can still fail.
  31. 31st October 2021State the formula for net profit margin.