Business Studies Mock Revision

?
O I W X F A L O C C O A O T R E Q N N H C
T O B G D C V I E U F H K I I W A Y E F Q
I U W Q E I S K V R D V C J J G Y F Z N L
R M Q K F D H A T R W Y L F B M T Q I H C
G T D X I T C H Y E D T Y O Q Q N X A J G
F I V A N E I D N N W I R S K T X V K H C
I I C I I S A L P T G J T E R F H F F F M
K S N V T T C G K R X F N G U O C Y O P D
E I Q K I R B L H A H O R A P N I M N M S
H O R N O A P K L T G S S T F O R E O T V
X K D G N T V A J I E E I N N I F D I U E
N N C J O I B E Q O J G D A V T X Y T Q B
M V X B F O K M J F V A B V I I B M I J X
I G J L S F G F F O R T A D E N W U N A B
G F T A T O R D L R B N Q A T I J A I G K
G S E W O R I D T M I A U S C F M S F O X
Y F L M C M X Q B U B V S I M E W X E W P
M L I B K U P N J L J D E D A D R U D M S
B X N Y F L D B G A A A P D T J O H L D C
Q W L J K A R K I Y B R W Q Y R M D Y B F
Y O H O C A N G M I T F R P V F K I K C O

Clues

  • (Current Assets - Stock) / Current Liabilities (4, 4, 5, 7)
  • (Total Quality Management) a system whereby everybody thought the business takes responsibility for quality (10, 2, 3)
  • A system of continuous improvement at every stage of production no matter how small the improvements might be (10, 2, 6)
  • Current Assets/Current Liabilities (7, 5, 7)
  • Needs to be monitored carefully, Needs a good working relationship with suppliers, Less likely to benefit from bulk buying economies of scale, The system failing causes delays (13, 2, 3)
  • Storage space can be used for production, Cash flow improves, Cash is freed up, Less waste as less chance of damage during storage and business can quickly adapt to demand changes (10, 2, 3)
  • Supplies of inputs used in production and finished products waiting for sale (10, 2, 5)

Comments

No comments have yet been made

Similar Business resources:

See all Business resources »See all Ratios resources »