Daily Practice · GCSE Business
October 2022 5-a-day
Every sheet in October 2022
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2022State one non-financial reward an entrepreneur might gain from running their own business.
- 2nd October 2022Give one advantage and one drawback of trade credit.
- 3rd October 2022On which financial statement does capital expenditure appear, and as what?
- 4th October 2022State one reason a business might use a recruitment agency rather than advertise a vacancy itself.
- 5th October 2022State the difference between a job description and a person specification.
- 6th October 2022State one duty an employer has under health and safety law.
- 7th October 2022Give one cost to a business of complying with new legislation.
- 8th October 2022Why might a focus group be more useful than a questionnaire for testing a new product concept?
- 9th October 2022During which stage of the product life cycle are sales typically at their highest?
- 10th October 2022Give one way a business builds brand recognition through the marketing mix, other than the product itself.
- 11th October 2022Explain why a supplier's poor quality is a problem even when the business itself checks the goods.
- 12th October 2022Define lean production.
- 13th October 2022Explain why businesses selling non-essential, expensive products are often affected more by a recession than businesses selling essentials.
- 14th October 2022Define market segmentation.
- 15th October 2022Give one reason a business plan helps the entrepreneur themselves, not just outside lenders.
- 16th October 2022Give one consequence a business could face if it runs out of cash to pay its suppliers.
- 17th October 2022What becomes the opening balance for April if a business's closing balance for March is 1,300 pounds?
- 18th October 2022Give one possible drawback of raising the selling price to lower the break-even output.
- 19th October 2022Explain one reason training can improve staff motivation.
- 20th October 2022State who developed the two-factor theory of motivation.
- 21st October 2022State one example of an unethical business practice.
- 22nd October 2022Explain what click-through rate measures.
- 23rd October 2022Why can online price comparison tools increase competition between businesses?
- 24th October 2022Give one example of a sales promotion technique.
- 25th October 2022Explain one drawback of batch production.
- 26th October 2022Explain why keeping an existing customer is usually cheaper than winning a new one.
- 27th October 2022Give an example of a change in technology that has affected how many UK retailers operate.
- 28th October 2022Identify whether a haircut is a good or a service.
- 29th October 2022What does the M stand for in a SMART objective?
- 30th October 2022Give one reason poor market research increases the risk of a new business failing.
- 31st October 2022Why is it useful to express profit as a percentage of revenue rather than just stating the pound amount of profit?