Daily Practice

GCSE Business

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10th October 2024

5 questions · GCSE · 503 questions in this band

  1. 1
    Working with suppliers and the supply chain

    Explain how trade credit affects a small business's cash flow.

  2. 2
    Quality control and quality assurance

    Give one reason a business might advertise an external quality standard such as ISO certification.

  3. 3
    The sales process and customer service

    Explain why keeping an existing customer is usually cheaper than winning a new one.

  4. 4
    The impact of technology on operations

    Why does technology investment need to be judged against demand rather than cost alone?

  5. 5
    Choosing and Evaluating Suppliers: Selection Criteria and Sourcing

    Define single sourcing and give one advantage.

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