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Business J204,02 November 2021

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1. Operations and Quality Management – Understanding quality assurance, customer service improvements, procurement responsibilities, and cost reduction strategies. 2. Business Finance and Cash Flow – Gross profit margin calculations, cash flow forecasting, fixed vs. variable costs, and financing options for investments. 3. Influences on Business – Effects of globalization, multinational company advantages, e-commerce impacts, and business ethics in customer relations. 4. Production Methods and Supply Chain – Batch production benefits, supply chain management, logistical challenges, and time-sensitive delivery impacts. 5. Employment and Workforce Considerations – Recruitment in changing unemployment rates, ethical workforce treatment, and flexibility in job roles. 6. Environmental and Marketing Strategy – Effects of sustainability on branding, waste reduction in production, and marketing mix adaptations based on environmental concerns.
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