Daily Practice

GCSE Business

24th December 2020

5 questions · GCSE · 503 questions in this band

1
Improving Production Efficiency: Lean Production, Just-in-Time and Kaizen
Explain what kaizen means and why employee involvement is essential to it.
2
The Importance of Quality and Identifying Quality Problems
Explain why external failure usually costs more per unit than internal failure.
3
The dynamic nature of business
State one reason a change in consumer tastes might force a food business to change its menu.
4
Business ownership
Give one disadvantage of an unincorporated structure such as a sole trader compared with a Ltd.
5
Growing the business
State one risk specific to growth through a merger or takeover, other than cost.

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