Daily Practice

GCSE Business

13th October 2018

5 questions · GCSE · 503 questions in this band

1
Improving Production Efficiency: Lean Production, Just-in-Time and Kaizen
Why does higher productivity usually reduce unit cost?
2
The Importance of Quality and Identifying Quality Problems
Distinguish between internal and external failure costs.
3
The dynamic nature of business
State one type of external change that can affect how a business operates.
4
Business ownership
State what a franchisee pays a franchisor for.
5
Growing the business
Identify which type of growth, organic or external, a merger is an example of.

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