Daily Practice · GCSE Business
June 2022 5-a-day
Every sheet in June 2022
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st June 2022Give one reason a job production business might charge a higher price.
- 2nd June 2022How can good customer service justify a higher price?
- 3rd June 2022State one reason a change in consumer tastes might force a food business to change its menu.
- 4th June 2022State the difference between a good and a service.
- 5th June 2022State one non-financial aim a business might have.
- 6th June 2022State one internal cause of new business failure.
- 7th June 2022State the formula for gross profit margin.
- 8th June 2022A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 9th June 2022Identify one risk of decentralisation.
- 10th June 2022A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 11th June 2022Explain what fit for purpose means under consumer law.
- 12th June 2022Define an export.
- 13th June 2022State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 14th June 2022Why should the 4Ps be based on the results of market segmentation?
- 15th June 2022True or false: the correct balance of the design mix is the same for every product.
- 16th June 2022State two costs of holding too much stock.
- 17th June 2022Explain one risk of sourcing from overseas.
- 18th June 2022Give one example of an economy of scale.
- 19th June 2022State one risk of trying to compete only by cutting price rather than adding genuine value.
- 20th June 2022State one factor that influences where a business chooses to locate.
- 21st June 2022What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 22nd June 2022What does 'break-even' mean?
- 23rd June 2022State two factors a business owner should consider when choosing a source of finance.
- 24th June 2022State what a contract of employment sets out.
- 25th June 2022State one disadvantage of off-the-job training.
- 26th June 2022Define differentiation.
- 27th June 2022State one effect of strong competition on the prices a business can charge.
- 28th June 2022A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 29th June 2022A product costs 12 pounds to make and the business wants a 25% markup. Calculate the selling price.
- 30th June 2022What two factors does the Boston Matrix measure?