Daily Practice
GCSE Business
- 1The Role of ICT and E-Commerce in Delivering Customer Service
Give one operational cost that e-commerce creates which a shop does not have.
- 2Procurement and managing stock
Explain one benefit and one risk of just in time stock control.
- 3Working with suppliers and the supply chain
Explain how trade credit affects a small business's cash flow.
- 4Quality control and quality assurance
Give one reason a business might advertise an external quality standard such as ISO certification.
- 5The sales process and customer service
Explain why keeping an existing customer is usually cheaper than winning a new one.
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