What does quality refer to in the context of supplier selection?
- The supplier's financial stability
- The aesthetics of the supplier's products
- The supplier's products or services maintain an agreed standard
- The size of the supplier's workforce
How can a business effectively handle customer complaints to maintain good customer service?
- By escalating complaints to senior management
- Ensure negative reviews are counter-balanced by positive ones
- Always issuing credit notes to unhappy customers
- By resolving complaints promptly and professionally
What is the main consequence of a business delivering high-quality products or services to customers?
- Increased customer complaints
- Decreased customer satisfaction and loyalty
- Enhanced reputation and customer loyalty
- Lower product prices
What is the primary advantage of delivering high-quality products to customers?
- Minimising efficiency and competitiveness
- Consistent customer satisfaction and trust
- Increased defects and inefficiency
- Improved stock control
"In a Just-in-Time (JIT) system
- what is the focus regarding inventory?"
- Maximise stock levels
- Minimise stock levels
- Maintain constant stock levels
Which type of production system is characterised by the continuous production of identical items?
- Batch production
- Job production
- Flow production
- Custom production
What role does technology play in modern logistics and procurement?
- It hinders efficiency and increases costs
- It allows for manual record keeping
- It can improve efficiency, tracking, and communication, leading to lower unit costs
- It has no impact on business operations
What is a potential cost of poor quality in a business?
- Reduced customer complaints
- Increased production efficiency
- Enhanced reputation
- Customer dissatisfaction and loss of sales
What does "TQM" stand for?
- Terminal Quantity Measure
- Tick-box Questionaire Menu
- Transformative Quantitiative Magnitude
- Total Quality Management
In job production, what is the level of product customisation?
- Low to moderate
- High
- Irrelevant
- None