Daily Practice · GCSE Business
December 2022 5-a-day
Every sheet in December 2022
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st December 2022Explain what chain of command means.
- 2nd December 2022State the difference between a wage and a salary.
- 3rd December 2022Define computer-aided manufacture (CAM).
- 4th December 2022Explain why rising unemployment during a recession can reduce a business's sales.
- 5th December 2022Explain one effect of a rise in interest rates on a business with a variable-rate loan.
- 6th December 2022A business raises its price significantly to reposition as premium. Name one other element of the mix it is also likely to need to change.
- 7th December 2022Give one cost e-commerce can reduce for a small business compared with running physical stores.
- 8th December 2022Define e-commerce and give one benefit for a small business.
- 9th December 2022Explain how stock control software reduces costs.
- 10th December 2022Give one advantage of buying a franchise rather than starting an entirely independent business.
- 11th December 2022State one way an entrepreneur could generate a business idea without inventing something completely new.
- 12th December 2022State one reason shareholder and employee interests can conflict.
- 13th December 2022Define reward in the context of enterprise.
- 14th December 2022What is crowdfunding?
- 15th December 2022Why does the classification of an item as capital or revenue expenditure matter for calculating that year's profit?
- 16th December 2022State the difference between recruitment and selection.
- 17th December 2022Identify one item typically found in a job description.
- 18th December 2022State what the National Minimum Wage and National Living Wage are.
- 19th December 2022State one area of business legislation.
- 20th December 2022Is '45% of customers said they would buy the product' quantitative or qualitative data?
- 21st December 2022Why is cash flow often negative during the introduction stage?
- 22nd December 2022State one risk of a poorly judged brand extension.
- 23rd December 2022Define supply chain.
- 24th December 2022Why does higher productivity usually reduce unit cost?
- 25th December 2022Identify what typically happens to unemployment during a recession.
- 26th December 2022State one characteristic a business might use to segment its market.
- 27th December 2022Explain why a business plan is not a guarantee of success.
- 28th December 2022What is overtrading?
- 29th December 2022What is the difference between a cash inflow and a cash outflow?
- 30th December 2022A business's contribution per unit is 10 pounds and its fixed costs are 5,000 pounds. Calculate its break-even output.
- 31st December 2022State the difference between training and development.