Daily Practice

GCSE Business

20th January 2025

5 questions · GCSE · 503 questions in this band

1
Procurement and managing stock
Explain one benefit and one risk of just in time stock control.
2
Working with suppliers and the supply chain
Explain how trade credit affects a small business's cash flow.
3
Quality control and quality assurance
Give one reason a business might advertise an external quality standard such as ISO certification.
4
The sales process and customer service
Explain why keeping an existing customer is usually cheaper than winning a new one.
5
The impact of technology on operations
Why does technology investment need to be judged against demand rather than cost alone?

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