Daily Practice · GCSE Business
October 2023 5-a-day
Every sheet in October 2023
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2023Define risk in the context of enterprise.
- 2nd October 2023Why might a sole trader be unable to raise finance through share capital?
- 3rd October 2023Is buying a new shop premises capital or revenue expenditure? Explain.
- 4th October 2023Identify one method of external recruitment.
- 5th October 2023State one recruitment document used to help write a job advert.
- 6th October 2023Name the UK law that requires employers to protect the health, safety and welfare of their employees.
- 7th October 2023Explain why legislation is described as an external influence on business.
- 8th October 2023A business segments its market by income. Give one product example that suits income-based segmentation.
- 9th October 2023State one marketing mix change a business might make during the decline stage.
- 10th October 2023What is brand loyalty?
- 11th October 2023State one advantage and one disadvantage of using a single supplier.
- 12th October 2023Explain what kaizen means and why employee involvement is essential to it.
- 13th October 2023Give one way rising consumer confidence in a boom might affect a business's decisions.
- 14th October 2023Give one disadvantage of relying only on secondary market research.
- 15th October 2023Identify one external stakeholder who might ask to see a business plan before providing finance.
- 16th October 2023What is meant by a 'cash-flow problem'?
- 17th October 2023A business forecasts an opening balance of -500 pounds for June, inflows of 4,000 pounds and outflows of 3,200 pounds. Calculate the closing balance.
- 18th October 2023Using your answer above, if fixed costs are 3,600 pounds, calculate the break-even output.
- 19th October 2023Identify one legal reason a business must provide training.
- 20th October 2023State one way a business could apply Herzberg's theory to motivate staff beyond paying them more.
- 21st October 2023Explain one risk to a business of being exposed for unethical behaviour.
- 22nd October 2023Define search engine optimisation (SEO).
- 23rd October 2023State one risk to a business's reputation created by social media and online reviews.
- 24th October 2023Give one advantage of digital promotion over traditional above the line advertising.
- 25th October 2023Give one reason a job production business might charge a higher price.
- 26th October 2023How can good customer service justify a higher price?
- 27th October 2023State one type of external change that can affect how a business operates.
- 28th October 2023State the difference between a good and a service.
- 29th October 2023State one non-financial aim a business might have.
- 30th October 2023Identify the term for a business having too little start-up finance to survive its early months.
- 31st October 2023State the formula for gross profit margin.