Daily Practice
GCSE Business
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3rd February 2025
- 1Extension Strategies and the Product Portfolio
What is a 'star' in the Boston Matrix?
- 2Production processes: job, batch and flow
State two advantages of flow production.
- 3The Role of ICT and E-Commerce in Delivering Customer Service
Explain why social media complaints need a faster response than emails.
- 4Procurement and managing stock
A factory uses 300 components a day and its supplier's lead time is 4 days. It holds a buffer of 500 components. Calculate the reorder level.
- 5Working with suppliers and the supply chain
Why can poor conditions at a supplier damage a business that does not own that supplier?
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