Daily Practice · GCSE Business
April 2024 5-a-day
Every sheet in April 2024
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st April 2024Name the 4Ps of the marketing mix.
- 2nd April 2024What does 'function' mean in the design mix?
- 3rd April 2024A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 4th April 2024Why does supplier capacity matter to a growing business?
- 5th April 2024State the difference between organic and external growth.
- 6th April 2024Identify why adding value can be more attractive to a business than competing purely on low price.
- 7th April 2024State one cost that is usually higher for premises in a town or city centre than on the edge of town.
- 8th April 2024What is the difference between start-up capital and working capital?
- 9th April 2024What does the margin of safety measure?
- 10th April 2024Give one reason a business might prefer leasing equipment rather than buying it outright with a loan.
- 11th April 2024Give one advantage to an employer of part-time contracts.
- 12th April 2024Give one advantage of on-the-job training.
- 13th April 2024Explain how strong branding can help a business differentiate.
- 14th April 2024Give one benefit to consumers of a highly competitive market.
- 15th April 2024What is meant by a 'random sample'?
- 16th April 2024What is cost-plus pricing?
- 17th April 2024Give one example of an extension strategy.
- 18th April 2024Give three costs to a business of poor quality.
- 19th April 2024Why should a business look for the cause rather than fixing each faulty item?
- 20th April 2024State the formula for total revenue.
- 21st April 2024State where the shares of a public limited company (plc) can be bought and sold.
- 22nd April 2024Give one method a business would use to check that a spotted opportunity reflects genuine customer demand.
- 23rd April 2024Explain, in one sentence, how a profitable business could still run out of cash.
- 24th April 2024Give one example of an asset and one example of a liability on a statement of financial position.
- 25th April 2024Explain what chain of command means.
- 26th April 2024State the difference between a wage and a salary.
- 27th April 2024Define computer-aided manufacture (CAM).
- 28th April 2024Explain why rising unemployment during a recession can reduce a business's sales.
- 29th April 2024Explain one effect of a rise in interest rates on a business with a variable-rate loan.
- 30th April 2024A business raises its price significantly to reposition as premium. Name one other element of the mix it is also likely to need to change.