Business Studies 0.0 / 5 ? Business StudiesFinanceGCSEEdexcel Created by: sylwiaswierczekCreated on: 29-04-16 13:39 Quality Assurance Focusing on quality at every stage of the production process. Everyone is involved and responsible for achieving quality. 1 of 8 Primary Research Collecting information that does not exist. 2 of 8 Buffer Stock The lowest amount of stock a business holds. The stock level will never fall below this amount. 3 of 8 Market Map A diagram used to position and compare products in a market and identify opportunities where customer needs are not being met. 4 of 8 Quality Control Checking or testing a product at the end of the production process. 5 of 8 Productivity Output per worker. It measures the amount a worker can produce over a period of time. 6 of 8 Secondary Research The process of gathering information that already exists. 7 of 8 Just in Time A stock management system where stock is delivered only when it is needed. No stock is kept by the business. 8 of 8
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