Inventory control

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.

In the Source Booklet, look at Figure 4 and read Extract B, then answer Question 7.

Give the name of one document a business may send to an applicant during the recruitment process.

Figure 5 shows the percentage of new car and electric vehicle (EV) registrations in the

(Source: https://cleantechnica.com/2023/08/05/uk-ev-share-at-24-1-bevs-double-model-y-top/)

Figure 5

Using the information in Figure 5, identify the type of electric vehicle (EV) that had the highest percentage of registrations.

Outline one impact globalisation may have on Polestar.

In order to reduce its costs of production, Polestar is considering the following two options:

Option 1: increased use of just in time (JIT) stock control

Option 2: finding new suppliers for its components.

Justify which one of these two options Polestar should choose.

Evaluate the importance of the aesthetics element of the design mix for Polestar ’s electric vehicles (EVs). You should use the information provided as well as your knowledge of business.

Which one of the following is an element of the design mix?

Select one answer.

Which one of the following is the best definition of a trade bloc?

Select one answer.

Explain one reason why a business may increase its product range.

Explain one advantage to a business of using just in time (JIT) stock control.

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 fringe benefit?

Select one answer.

Figure 2 shows a bar gate stock graph which shows the deliveries of raw materials to a business in June 2021. These deliveries are labelled A, B and C.

Using the information in Figure 2, calculate the total amount of stock that was delivered to the business in June 2021. You are advised to show your workings.

Explain one disadvantage to a business of having a poor relationship with its suppliers.

Explain one impact on a business of introducing job rotation.

Discuss the impact on a business from new tariffs being introduced by countries it exports to.

State one possible influence on the pricing strategy used by Ocado.

Outline one drawback to Ocado of using just in time (JIT) stock control.

In order to increase its share of the online grocery market, Ocado has considered two options:

Option 1: offering a faster delivery service

Option 2: expanding its product range.

Justify which one of these two options Ocado should choose.

Which one of the following is the minimum level of stock held by the business in the bar gate stock graph shown in Figure 1?

Select one answer.

Which one of the following is a barrier to effective communication?

Select one answer.

Explain one benefit to a business of allowing its employees to work flexible hours.

Explain one disadvantage to a business of using a just in time (JIT) system of stock control.

Procurement involves a business having a strong relationship with which one of the following stakeholder groups?

Select one answer.

Figure 2 shows the market share of each business in a market.

Using the information in Figure 2, calculate the market share of Business E. You are advised to show your workings.

Explain one reason why having a post-sales service may be important to a business.

Explain one impact on a business from reducing the size of its workforce.

Discuss the disadvantage to a business of using a just in time (JIT) system of stock control.

Figure 2 shows a bar gate stock graph which details the delivery of chicken portions to KFC’s Exmouth restaurant during February 2018. During this time it received two deliveries of chicken portions. These are marked as A and B.

Portions of chicken

Using the information in Figure 2, calculate the size of order A. You are advised to show your workings.

Using the information in Figure 2, calculate the number of days that KFC’s Exmouth restaurant ran out of chicken. You are advised to show your workings.

Analyse the impact on KFC of poor supplier reliability.