GCSE Business
- 1Improving 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.
- 2The 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.
- 3The dynamic nature of business
Explain why a change in the law can force a business to change how it operates.
- 4Business ownership
Identify which type of ownership structure allows a business to raise finance by selling shares privately to a small number of investors.
- 5Growing the business
Define economies of scale.
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