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16 marks
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VeganLife Ltd wants to introduce a new quality assurance system. Evaluate the impact that a quality assurance system could have on the competitiveness of VeganLife Ltd.
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Exam code: 7131
Read the source in the Insert.
VeganLife Ltd wants to introduce a new quality assurance system. Evaluate the impact that a quality assurance system could have on the competitiveness of VeganLife Ltd.
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Which of the following statements is true?
If labour productivity has increased a business must be producing more output.
If market capitalisation increases dividends must increase.
Quality assurance focuses more on preventing errors than identifying them.
Redundancy occurs when a person is moved to another job within the organisation.
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