Daily Practice

GCSE Business

23rd December 2024

5 questions · GCSE · 503 questions in this band

1
Improving Production Efficiency: Lean Production, Just-in-Time and Kaizen
A business produces 3,600 units a week with 12 workers. After changes it produces 4,500 with the same 12. Calculate the percentage rise in productivity.
2
The Importance of Quality and Identifying Quality Problems
A business sells 5,000 units a month and 3 per cent are returned at a cost of 14 pounds each. Calculate the monthly cost of returns.
3
The dynamic nature of business
Give an example of a change in technology that has affected how many UK retailers operate.
4
Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
5
Growing the business
State the difference between organic and external growth.

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