Daily Practice

GCSE Business

29th June 2024

5 questions · GCSE · 503 questions in this band

1
Extension Strategies and the Product Portfolio
Why is having a balanced product portfolio, with products in different Boston Matrix categories, useful to a business?
2
Production processes: job, batch and flow
Explain one drawback of batch production.
3
The Role of ICT and E-Commerce in Delivering Customer Service
Give one operational cost that e-commerce creates which a shop does not have.
4
Procurement and managing stock
Explain one benefit and one risk of just in time stock control.
5
Working with suppliers and the supply chain
Explain how trade credit affects a small business's cash flow.

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