Business ethics & corporate social responsibility

Which of the following is a stage of the product life cycle?

Select one answer.

Figure 1 shows a monthly bar gate stock graph for a business.

Which one of the following is the earliest date that the buffer stock level is reached in Figure 1?

Select one answer.

Explain one benefit to a business of providing good customer service.

Explain one impact a pressure group may have on the marketing mix of a business.

Which one of the following elements of the marketing mix relates to the distribution of a product to the consumer?

Select one answer.

Figure 1 shows the bar gate stock graph for a business in June 2023. A and B represent deliveries of stock to the business.

Using the information in Figure 1, calculate how many days it took for the business to run out of stock after receiving its last delivery in June 2023.

Explain one reason why a business may use sponsorship to promote a product.

Explain one disadvantage to a business of using remote working.

Discuss the benefit to a business from reducing its environmental impact.

Which one of the following is a stage in the sales process?

Select one answer.

Figure 2 shows a business’ sales revenue from each of its four locations in South Yorkshire in 2020.

Using the information in Figure 2, calculate the average sales revenue for this business in 2020. You are advised to show your workings.

Explain one method that a business could use to reduce its environmental impact.

Explain one method that a business could use to extend the life cycle of one of its products.

Discuss the impact on a company of using retained profit as a source of finance for expansion.

Figure 1 shows the organisational structure of a business.

Which one of the following organisational structures is shown in Figure 1?

Employees Employees Employees Employees Employees

Figure 1

Select one answer.

Which one of the following documents states the qualities an employer is looking for in a new employee?

Select one answer.

Explain one impact that a pressure group can have on a business.

Explain one disadvantage to a business of having poor customer service.

Define the term pressure group.

Figure 4 shows information about the change in Iceland’ s sales revenue between 2013 and 2017.

Percentage change in sales revenue 2013 to 2017

(Source: http://about.iceland.co.uk/wp-content/uploads/2017/12/ Iceland-Topco-Ltd-2017-results.pdf)

Using the information in Figure 4, identify the year with the smallest percentage change in Iceland’ s sales revenue.

Outline one factor that could influence Iceland’ s choice of pricing strategy for its range of new products.

In order to recruit employees for its new ‘The Food Warehouse’ stores, Iceland is considering two options:

Option 1: offer permanent contracts

Option 2: offer temporary contracts.

Justify which one of these two options Iceland should choose.

Evaluate whether Iceland is likely to benefit from its decision to ban all plastic packaging on its own-brand products. You should use the information provided as well as your knowledge of business.

Which two of the following are likely to be sent to a business by a person applying for a job?

Select two answers.

Which two of the following are likely to increase the productivity of a business?

Select two answers.

Table 1 contains information about a new piece of machinery that a business wants to purchase.

Using the information in Table 1, calculate the average rate of return. You are advised to show your workings.

Explain one benefit to a business of having a good relationship with its suppliers.

Explain one advantage to a business of improving its environmental sustainability.

Give one stage of the sales process.

Using the information in Figure 2, identify the UK supermarket with a larger market share than Sainsbury’s.

Outline one advantage to Sainsbury’s of improving its customer service.

In order to improve the motivation of its shop floor employees, Sainsbury’s is considering two options:

Option 1: retraining

Option 2: increase wages.

Justify which one of these two options Sainsbury’s should choose.

Evaluate the likely impact on Sainsbury’s of replacing Fairtrade with its own Fairly Traded scheme. You should use the information provided as well as your knowledge of business.