Daily Practice · GCSE Business
November 2023 5-a-day
Every sheet in November 2023
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st November 2023A business's gross profit margin falls from 35% to 30%. State whether this is an improvement or a decline.
- 2nd November 2023Identify one risk of decentralisation.
- 3rd November 2023A shop had an average of 60 staff and 6 left in a year. Calculate the labour turnover rate.
- 4th November 2023Explain what fit for purpose means under consumer law.
- 5th November 2023Define an export.
- 6th November 2023State the effect of a depreciating pound on UK exporters' price competitiveness abroad.
- 7th November 2023Why should the 4Ps be based on the results of market segmentation?
- 8th November 2023True or false: the correct balance of the design mix is the same for every product.
- 9th November 2023State two costs of holding too much stock.
- 10th November 2023Explain one risk of sourcing from overseas.
- 11th November 2023State one risk specific to growth through a merger or takeover, other than cost.
- 12th November 2023Define adding value in a business context.
- 13th November 2023Identify which location factor matters most to a business that relies heavily on passing trade.
- 14th November 2023What term describes finance needed to cover the gap between paying suppliers and being paid by customers?
- 15th November 2023What does 'break-even' mean?
- 16th November 2023State two factors a business owner should consider when choosing a source of finance.
- 17th November 2023State what a contract of employment sets out.
- 18th November 2023State one disadvantage of off-the-job training.
- 19th November 2023Define differentiation.
- 20th November 2023State one effect of strong competition on the prices a business can charge.
- 21st November 2023A business's sales rose from 60,000 pounds to 75,000 pounds. Calculate the percentage increase.
- 22nd November 2023A business has sales of 150,000 pounds in a market with total sales of 1,200,000 pounds. Calculate its market share.
- 23rd November 2023What two factors does the Boston Matrix measure?
- 24th November 2023A business makes 8,000 units a month and rejects 2.5 per cent. Calculate the number rejected.
- 25th November 2023Give three ways a business can identify quality problems.
- 26th November 2023Identify whether rent is a fixed cost or a variable cost.
- 27th November 2023State the ownership structure that has one owner and unlimited liability.
- 28th November 2023State the difference between invention and innovation.
- 29th November 2023Why is cash considered more liquid than stock, even though both can be current assets?
- 30th November 2023State the formula for gross profit.