Business 7115 · O Level · Achieving quality production

Achieving quality production — practice question

(a)[8]

Explain two reasons why CC needs finance.

(b)[12]

Explain the benefits and limitations of the following two ways of achieving quality production. Which way should CC use? Justify your answer. • Quality control • Quality assurance

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: To buy investment goods/capital/expand the existing business

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