Daily Practice
GCSE Business
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6th March 2026
- 1Improving Production Efficiency: Lean Production, Just-in-Time and Kaizen
Explain one risk of removing all buffer stock as part of lean production.
- 2The Importance of Quality and Identifying Quality Problems
Explain how consistent quality supports a higher price.
- 3The dynamic nature of business
Give an example of a change in technology that has affected how many UK retailers operate.
- 4Business ownership
State one ownership structure that is generally quicker and cheaper to set up than a private limited company.
- 5Growing the business
State the difference between organic and external growth.
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