Business 7115 · O Level · Production of goods and services
Production of goods and services — practice question
WLT makes carpets and sends 40% of its output abroad. Globalisation has brought both chances and risks for WLT. Its production method enables WLT to apply specialisation. All 60 employees know that quality assurance matters. WLT’s directors are weighing up the most effective way to improve efficiency.
(a)[2]
Define the term ‘specialisation’.
(b)[2]
Identify two named methods of production.
(c)[4]
Outline two benefits to WLT of using quality assurance.
(d)[6]
Explain one opportunity and one threat that globalisation creates for WLT.
(e)[6]
Do you think improving labour skills is the best way for a manufacturing business to raise efficiency? Justify your answer.
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “When people, businesses or countries focus on the activities they do best at” …