Level 3 Business

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21 Terms

1
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How is Quality control implemented ?

Inspect products at different stages of production to identify and fix faults before they reach customers.

2
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Effects of QC?

Ensures only good-quality products are sold, but can be costly and time-consuming.

3
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Impacts of QC?

Positive: Improves product reliability and customer satisfaction.

Negative: Can slow production and increase cost.

4
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How likely is QC to increase profitability?

Quite likely ,fewer faulty products mean less waste and more satisfied customers.

5
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How likely is QC to improve the production process?

Somewhat likely — it helps spot recurring issues, but doesn’t prevent them from happening.

6
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How is Quality Assurance implemented?

By setting up systems and training to ensure quality is built into each stage of production

7
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Effects of QA?

Prevents problems before they occur and encourages teamwork and accountability.

8
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Impacts of QA on business?

Positive: Reduces waste and builds customer trust

Negative: Requires training and takes time to set up

9
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How likely is QA to increase profitability?

Likely — fewer defects and better reputation can attract more customers.

10
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How likely is QA to improve production?

Very likely — it focuses on preventing errors rather than fixing them.

11
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What are positive impacts of innovation?

New or improved products, competitive advantage, increased efficiency

12
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What are negative impacts of innovation?

High development costs, risk of failure, or staff resistance to change.

13
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How likely is innovation to increase profitability?

Depends on success — high potential if the innovation meets customer needs.

14
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How likely is innovation to improve production?

Very likely when focused on process improvements like automation or new technology

15
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What is TQM and how is it implemented?

A continuous improvement approach where everyone in the business works to improve quality.

16
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Effects of TQM?

Builds a quality-focused culture, reduces waste, improves efficiency and staff motivation

17
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How likely is TQM to ensure consistent high-quality delivery?

Very likely — consistency improves as all employees follow the same quality principles

18
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Impacts of TQM?

Positive: Strong customer loyalty, long-term cost savings.

Negative: Time-consuming to train and maintain commitment.

19
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What is Kaizen?

A continuous improvement method focusing on small, daily changes by all staff

20
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How does Kaizen improve quality?

Encourages teamwork and constant small improvements that lead to long-term gains

21
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How does TQM improve quality?

Involves everyone in maintaining and improving quality across all processes