Daily Practice · GCSE Business
July 2024 5-a-day
Every sheet in July 2024
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st July 2024Explain how consistent quality supports a higher price.
- 2nd July 2024State the formula for profit.
- 3rd July 2024Explain the difference between limited and unlimited liability in one sentence.
- 4th July 2024Identify one source of change that can create new business opportunities.
- 5th July 2024A business has current assets of 25,000 pounds and current liabilities of 31,000 pounds. Calculate its working capital and state what this suggests.
- 6th July 2024What equation must always balance on a statement of financial position?
- 7th July 2024A shop owner supervises 4 shift leaders, and each shift leader supervises 8 sales assistants. State the shop owner's span of control.
- 8th July 2024State one non-financial reward that could improve staff motivation without extra pay.
- 9th July 2024Explain one reason a small business might be slower than a large business to adopt new technology.
- 10th July 2024Explain why a rise in corporation tax could reduce how much a business invests.
- 11th July 2024Explain one way high unemployment could benefit a business's recruitment.
- 12th July 2024State one consequence for a business of running an inconsistent marketing mix.
- 13th July 2024State one advantage of an indirect distribution channel.
- 14th July 2024Explain why social media complaints need a faster response than emails.
- 15th July 2024A factory produces 9,600 units a week with 16 workers. Calculate output per worker.
- 16th July 2024State what a franchisee pays a franchisor for.
- 17th July 2024State one quality commonly associated with successful entrepreneurs.
- 18th July 2024Identify whether the local community is an internal or external stakeholder.
- 19th July 2024Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 20th July 2024What is crowdfunding?
- 21st July 2024Is paying the electricity bill capital or revenue expenditure? Explain.
- 22nd July 2024State one selection method used to test a candidate's communication skills.
- 23rd July 2024Give one item typically found in a person specification.
- 24th July 2024Give one cost to a business of providing full health and safety training to all staff.
- 25th July 2024Give an example of a data protection duty a business has.
- 26th July 2024Is '45% of customers said they would buy the product' quantitative or qualitative data?
- 27th July 2024What shape does a typical product life cycle sales graph take?
- 28th July 2024Why can strong branding allow a business to charge a premium price?
- 29th July 2024Give three criteria a business uses when choosing a supplier.
- 30th July 2024State two benefits of cell production compared with a long assembly line.
- 31st July 2024State the three stages of the economic, or business, cycle referred to in this topic.