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Business

GCSE · AQA

QuestionsFlashcards

The Purpose & Nature of Businesses
Business Ownership
Setting Business Aims & Objectives
Stakeholders
Business Location
Business Planning
Expanding a Business
- Business Expansion
  11
- Economies & Diseconomies of Scale
  12

Technology
Ethical & Environmental Considerations
The Economic Climate
Globalisation
- How UK Businesses Compete Internationally
  7
- Exchange Rates
  5
Legislation
Competitive Environment
- Operating in Competitive Markets
  6
- Risks & Uncertainty
  9

Production Processes
- Producing Goods & Services
  5
- Efficiency in Production
  6
The Role of Procurement
The Concept of Quality
Good Customer Service
- Customer Service in Business
  6
- ICT & Customer Service
  6

Organisational Structures
- Key Principles of Organisational Structures
  11
- Management & Communication in Different Structures
  9
Recruitment & Selection of Employees
Motivating Employees
Training
- The Importance of Training
  6
- Methods of Training
  8

The Exam Papers
- Paper 1: Influences of Operations & HRM on Business Activity
  7
- Paper 2: Influences of Marketing & Finance on Business Activity
  5
Business Exam Skills
Structuring Your Responses

Choosing Suppliers Flashcards

All 6 cards in this deck

Which three key factors do businesses consider when selecting a supplier?: Price (cost), quality and reliability.
What does 'reliability' mean when judging a supplier?: Delivering on time, having stock available, and having the capacity to meet increases in demand.
Why does the quality of a supplier's materials matter to a business?: Better quality materials limit defects and returned items.
Why might a business choose a supplier that can provide a full range of the raw materials it needs?: Production runs smoothly with no products delayed, so the business can meet the demand of retailers and customers.
Why is a local supplier especially suitable for a business using JIT stock control?: Frequent local deliveries ensure stock arrives when needed and reduce lead time and delivery costs, so few materials need storing.
True or false? A business should always choose the cheapest supplier available.: False. Reduced costs must be balanced against quality and reliability, as poor quality or late deliveries harm service.