Daily Practice · GCSE Business
May 2023 5-a-day
Every sheet in May 2023
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st May 2023Why might a business need to change its marketing mix as a product moves from growth to maturity in its life cycle?
- 2nd May 2023Why might a business use both a website and physical stores rather than just one?
- 3rd May 2023Explain one benefit and one risk of using a chatbot for customer enquiries.
- 4th May 2023State two drawbacks of automating a production line.
- 5th May 2023State what a franchisee pays a franchisor for.
- 6th May 2023State one quality commonly associated with successful entrepreneurs.
- 7th May 2023State one interest a supplier has in the businesses it supplies.
- 8th May 2023Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 9th May 2023Is retained profit an internal or an external source of finance?
- 10th May 2023What is capital expenditure?
- 11th May 2023Identify one document a candidate usually submits when applying for a job.
- 12th May 2023Identify the term for a qualification or skill that is useful but not required for a role.
- 13th May 2023Explain one benefit to a business of complying fully with employment and health and safety law.
- 14th May 2023Define legislation.
- 15th May 2023What is meant by a 'representative sample'?
- 16th May 2023Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 17th May 2023What is meant by 'brand equity'?
- 18th May 2023Explain how trade credit affects a small business's cash flow.
- 19th May 2023Explain one risk of removing all buffer stock as part of lean production.
- 20th May 2023State the three stages of the economic, or business, cycle referred to in this topic.
- 21st May 2023State the difference between primary and secondary market research.
- 22nd May 2023Give one piece of information a bank would want to see in a business plan before agreeing a loan.
- 23rd May 2023State one drawback of using an overdraft to solve a cash-flow problem.
- 24th May 2023A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 25th May 2023If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 26th May 2023Give one indirect cost of training.
- 27th May 2023Give one example of a motivator under Herzberg's theory.
- 28th May 2023State one way a business can benefit from being seen as environmentally friendly.
- 29th May 2023State what pay-per-click (PPC) advertising means.
- 30th May 2023What is search engine optimisation, and what is its purpose in marketing?
- 31st May 2023What is public relations?