Daily Practice · GCSE Business

July 2022 5-a-day

← Today's GCSE Business sheet

July 2022

31 sheets · 155 questions · GCSE

Every sheet in July 2022

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

  1. 1st July 2022A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
  2. 2nd July 2022Give three ways a business can identify quality problems.
  3. 3rd July 2022Identify whether rent is a fixed cost or a variable cost.
  4. 4th July 2022State the ownership structure that has one owner and unlimited liability.
  5. 5th July 2022Define what is meant by the dynamic nature of the business environment.
  6. 6th July 2022Why is cash considered more liquid than stock, even though both can be current assets?
  7. 7th July 2022A business has gross profit of 35,000 pounds and expenses of 22,000 pounds. Calculate its net profit.
  8. 8th July 2022State one disadvantage of a narrow span of control.
  9. 9th July 2022Identify one example of job enrichment.
  10. 10th July 2022State one risk to a business of storing customer data online.
  11. 11th July 2022State one type of business that might see demand rise during a recession.
  12. 12th July 2022Define unemployment.
  13. 13th July 2022True or false: a marketing mix that worked well at launch will always remain the correct mix for the rest of the product's life.
  14. 14th July 2022What is a wholesaler?
  15. 15th July 2022Give one operational cost that e-commerce creates which a shop does not have.
  16. 16th July 2022Why does technology investment need to be judged against demand rather than cost alone?
  17. 17th July 2022Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
  18. 18th July 2022Explain why determination matters when starting a new business.
  19. 19th July 2022Identify whether shareholders are internal or external stakeholders.
  20. 20th July 2022Define risk in the context of enterprise.
  21. 21st July 2022A business leases a delivery van instead of buying it. Give one advantage of leasing over buying.
  22. 22nd July 2022A 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.
  23. 23rd July 2022Give one advantage of internal recruitment.
  24. 24th July 2022State one risk to a business of recruiting without a clear job description.
  25. 25th July 2022Give one example of a protected characteristic under the Equality Act 2010.
  26. 26th July 2022State one risk to a business of breaking the law.
  27. 27th July 2022State one reason a sample of 20 people, all surveyed outside the same shop, might produce unreliable data.
  28. 28th July 2022True or false: every product follows the product life cycle at the same speed.
  29. 29th July 2022Give one benefit to a business of strong brand recognition.
  30. 30th July 2022Why can poor conditions at a supplier damage a business that does not own that supplier?
  31. 31st July 2022Give one reason a business might prefer lean methods to buying automated machinery.