Practice Improved Quality And Efficiency (4.5.1.2) - Globalisation and Recent Trends in Business

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10 questions

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Quiz
4 questions · about 3 min · pass mark 70%. Hints available.
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6 sample questions

Question 1.
What is globalisation?
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Think about how businesses operate internationally.
Question 2.
How does competition improve quality?
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Consider why a company would need to improve its offerings.
3Question 3.
What does globalisation primarily increase in businesses?
- Local competition
- Global competition
- None of the above
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Consider how businesses are interconnected.
4Question 4.
True or False: Outsourcing can lead to improved efficiency.
- True
- False
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Think about the benefits of using external resources.
Question 5.
Critically assess how a globalised market affects consumer behavior in relation to product quality. What implications does this have for manufacturers?
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Consider how the variety of available options can change consumer satisfaction levels.
Question 6.
Discuss the long-term effects of globalisation on small businesses competing with multinationals in terms of quality and efficiency.
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Think about how unique selling propositions can help small businesses.

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