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AQA GCSE Question and answers verified to pass 2024 CA$18.65   Add to cart

Exam (elaborations)

AQA GCSE Question and answers verified to pass 2024

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  • Course
  • AQA GCSE
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  • 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,...

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  • August 27, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AQA GCSE
  • AQA GCSE
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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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