AQA GCSE Question and answers verified to pass 2024
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Course
AQA GCSE
Institution
AQA GCSE
AQA GCSE Question and answers verified to pass 2024 Buffer stock - correct answer A stock of raw materials held in reserve to protect the production process from unforeseen shortages.
Customer loyalty - correct answer The likelihood that past customers will continue to buy from the business,...
AQA GCSE (9-1) Business - Paper 1
Buffer stock - correct answer ✔A stock of raw materials held in reserve to
protect the production process from unforeseen shortages.
Customer loyalty - correct answer ✔The likelihood that past customers will
continue to buy from the business, enhanced by high quality customer service
and/or reward programmes.
Customer satisfaction - correct answer ✔Whether customers are pleased
with the goods/services they receive; whether they would purchase again.
Flow production - correct answer ✔Using a production line to make goods
continuously and in large numbers.
Inspection - correct answer ✔Testing/examining items to check that
materials or items conform to the specified requirements/standards.
Job production - correct answer ✔A method of creating a single product to
meet an individual order.
Just in case (JIC) - correct answer ✔Organising procurement to ensure that
the production process never runs out of stock, reducing the number of sales
lost due to insufficient raw materials.
Just in time (JIT) - correct answer ✔Organising the ordering of raw materials
and components to be delivered just before they will be used, reducing the
need for storage.
, Logistics - correct answer ✔Managing the movement of supplies and
products to ensure the timely delivery of supplies to the production process
and finished products to customers.
Procurement - correct answer ✔The process of buying goods and services
including dealing with, demand, selection of suppliers, analysing and
negotiating prices, making the purchase & managing payments.
Product knowledge - correct answer ✔An in-depth understanding of the
features, use and application of the good/service that will enable the person
selling it to provide any information that
the purchaser wants before committing to buy.
Product recalls - correct answer ✔The withdrawal from sale by the
manufacturer of a defective or contaminated item.
Productivity - correct answer ✔The amount produced by a
worker/machine/factory in a given time; the ability to
produce more output with fewer resources.
Purchasing - correct answer ✔The business buys the goods and services
that it needs for producing the goods
it sells or for delivering the services it sells.
Raw materials - correct answer ✔Businesses that use raw materials that are
heavy and/or bulky choose to locate
close to their suppliers to reduce the cost of transport or storage.
Supplier - correct answer ✔A business that provides goods/services.
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