Daily Practice · GCSE Business
October 2024 5-a-day
Every sheet in October 2024
The same date always regenerates the same five questions, so a sheet you print today is the sheet a classmate prints tomorrow.
- 1st October 2024A business borrows 5,000 pounds at a simple interest rate of 4% per year, repaid after 2 years. Calculate the total interest paid.
- 2nd October 2024What is capital expenditure?
- 3rd October 2024Identify one document a candidate usually submits when applying for a job.
- 4th October 2024Identify the term for a qualification or skill that is useful but not required for a role.
- 5th October 2024Explain one benefit to a business of complying fully with employment and health and safety law.
- 6th October 2024Define legislation.
- 7th October 2024Name three variables a business could use to segment a market.
- 8th October 2024Give one reason a fashion product might have a shorter product life cycle than a household appliance.
- 9th October 2024What is meant by 'brand equity'?
- 10th October 2024Explain how trade credit affects a small business's cash flow.
- 11th October 2024Explain one risk of removing all buffer stock as part of lean production.
- 12th October 2024State one way a business might respond to falling consumer spending during a recession.
- 13th October 2024Explain why a business should carry out market research before launching a new product.
- 14th October 2024State one section usually included in a business plan.
- 15th October 2024State one drawback of using an overdraft to solve a cash-flow problem.
- 16th October 2024A business has an opening balance of 1,000 pounds, inflows of 6,000 pounds and outflows of 5,200 pounds for the month. Calculate its closing balance.
- 17th October 2024If fixed costs rise but the contribution per unit stays the same, what happens to the break-even output?
- 18th October 2024Give one indirect cost of training.
- 19th October 2024Give one example of a motivator under Herzberg's theory.
- 20th October 2024State one way a business can benefit from being seen as environmentally friendly.
- 21st October 2024State what pay-per-click (PPC) advertising means.
- 22nd October 2024What is search engine optimisation, and what is its purpose in marketing?
- 23rd October 2024What is public relations?
- 24th October 2024State two advantages of flow production.
- 25th October 2024Explain why product knowledge reduces returns as well as increasing sales.
- 26th October 2024State one reason a change in consumer tastes might force a food business to change its menu.
- 27th October 2024Give an example of a want, as opposed to a need.
- 28th October 2024Explain why a business's aims might change after it takes on outside investors.
- 29th October 2024State one internal cause of new business failure.
- 30th October 2024A business has revenue of 40,000 pounds and gross profit of 16,000 pounds. Calculate its gross profit margin.
- 31st October 2024Give one reason a business's net profit margin might fall even if its gross profit margin stays the same.