Daily Practice · GCSE Business
January 2023 5-a-day
Every sheet in January 2023
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st January 2023Identify one example of a hygiene factor.
- 2nd January 2023Explain why there can be a trade-off between acting ethically and making a profit.
- 3rd January 2023Define e-commerce.
- 4th January 2023What is e-commerce?
- 5th January 2023What is the difference between above the line and below the line promotion?
- 6th January 2023Explain why flow production is risky if demand is unpredictable.
- 7th January 2023Give three examples of after-sales service.
- 8th January 2023Explain why a change in the law can force a business to change how it operates.
- 9th January 2023State one reason why entrepreneurs take on risk when starting a business.
- 10th January 2023Identify one common aim of a brand new start-up business.
- 11th January 2023Explain why a profitable business can still fail.
- 12th January 2023A business calculates a net profit margin of 45% and a gross profit margin of 30% for the same year. Explain why this result must be wrong.
- 13th January 2023What does the gross profit margin measure?
- 14th January 2023Explain one advantage of decentralisation.
- 15th January 2023State one method a business could use to improve staff retention.
- 16th January 2023Name the main UK law protecting consumers when buying goods.
- 17th January 2023State one way improved transport has supported globalisation.
- 18th January 2023State what it means when the pound depreciates.
- 19th January 2023Which element of the marketing mix refers to how a business communicates with and persuades its customers?
- 20th January 2023Give one example of an aesthetic feature of a product.
- 21st January 2023State two consequences of holding too little stock.
- 22nd January 2023Give one reason a business might publicise its supplier standards.
- 23rd January 2023State the difference between organic and external growth.
- 24th January 2023Identify why adding value can be more attractive to a business than competing purely on low price.
- 25th January 2023State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 26th January 2023Is buying a delivery van a capital expenditure or a revenue expenditure? Explain your answer.
- 27th January 2023State the formula for break-even output.
- 28th January 2023Why can a sole trader not raise finance through share capital?
- 29th January 2023State one reason a business might prefer full-time contracts for its key staff.
- 30th January 2023Identify one example of off-the-job training.
- 31st January 2023State one reason a USP needs to be difficult for competitors to copy.