Daily Practice · GCSE Business

July 2023 5-a-day

← Today's GCSE Business sheet

July 2023

31 sheets · 155 questions · GCSE

Every sheet in July 2023

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 2023Explain why quality matters more for a business selling online than for a market stall.
  2. 2nd July 2023Explain why external failure usually costs more per unit than internal failure.
  3. 3rd July 2023A business has fixed costs of 3,000 pounds and variable costs of 4,500 pounds. Calculate its total costs.
  4. 4th July 2023State the number of owners a standard partnership usually has.
  5. 5th July 2023Explain why spotting a trend early can benefit an entrepreneur.
  6. 6th July 2023Give one way a business could improve its working capital.
  7. 7th July 2023What does the income statement show?
  8. 8th July 2023Give one advantage of a wide span of control.
  9. 9th July 2023Give one non-financial method of motivation.
  10. 10th July 2023Explain why automation can reduce a business's unit costs.
  11. 11th July 2023Give an example of an indirect tax.
  12. 12th July 2023State what CPI stands for.
  13. 13th July 2023What should be the starting point when designing a marketing mix?
  14. 14th July 2023State one disadvantage of a direct distribution channel.
  15. 15th July 2023Why must a business selling online take data protection seriously?
  16. 16th July 2023Explain one benefit of computer aided design.
  17. 17th July 2023State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
  18. 18th July 2023Identify one source of new business ideas, other than spotting a gap in the market.
  19. 19th July 2023Define the term stakeholder.
  20. 20th July 2023State one reason a franchise is generally considered lower risk than an independent start-up.
  21. 21st July 2023State one advantage of an overdraft as a source of finance.
  22. 22nd July 2023What is revenue expenditure?
  23. 23rd July 2023Explain one disadvantage of external recruitment.
  24. 24th July 2023Explain one benefit to a business of using a person specification when shortlisting applicants.
  25. 25th July 2023Name the UK law that makes it illegal to discriminate against employees based on protected characteristics such as age, sex or disability.
  26. 26th July 2023State the difference between legislation and ethics.
  27. 27th July 2023Give one example of a primary research method.
  28. 28th July 2023Name the four stages of the product life cycle in order.
  29. 29th July 2023What is a 'brand extension'?
  30. 30th July 2023Give one reason a business might pay more to source locally.
  31. 31st July 2023A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.