N5 Prelim retrieval quiz-Business Management

A method of production often used in making food items such as bread, doughnuts or soup?

An advantage of using batch production is...

• It does not rely on any automation

• You can customise products easily

• The same equipment can be used to make different varieties

• high labour costs

Which of the following is a factor a business should consider when choosing a supplier?

• Price and cost

• Supplier's location

• Supplier's reputation

• All of the above

Which of the following methods could a manufacturer use to ensure the quality of its products?

Groups:

(a) Effective Quality Management

,

(b) Would not help quality

• Advertising

• Quality control

• External factors

• Good raw materials

• Product price

• Quality assurance

• Taste testing food items

• Online selling

• Training workers

How can businesses ensure they are ethical in their operations? (pick ALL that apply)

• using sustainable materials

• Recycling waste

• By reducing carbon emissions

• Paying workers less

Why are ethical operations important?

• Ethical operations enhance brand reputation and customer trust.

• Ethical operations increase short-term profits significantly.

• Ethical operations allow for legal shortcuts in business.

• Ethical operations reduce the need for employee training.

How could external factors affect the success of a manufacturing organisation?

• Social trends can make a product more fashionable

• A competitor could reduce its prices

• A business could choose to employ better workers (Human Resources)

• Getting a bank loan would boost profits

Which is NOT a stakeholder of most business organisations?

• Customers

• Suppliers

• Local community

• The Royal Family

Which of the following best explains the impact that the stakeholders have on an organisation?

• They can influence the organisation's direction and decision-making processes.

• They have no impact on the organisation's operations or policies.

• They only affect the organisation's financial performance.

• They are solely responsible for the organisation's marketing strategies.

Which is the odd one out?

• Public

• Private

• Tertiary

• Third