
A-Level Business (Edexcel) Theme 2.4.1 to 2.4.3
Flashcard
•
Computers
•
12th Grade
•
Practice Problem
•
Hard
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19 questions
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1.
FLASHCARD QUESTION
Front
What is productivity?
Back
The amount of output per worker or machine over a given period
2.
FLASHCARD QUESTION
Front
Which of the following is NOT a method of improving productivity? Training employees, Increasing wages without changing processes, Investing in technology, Improving working conditions
Back
Increasing wages without changing processes
3.
FLASHCARD QUESTION
Front
What does capacity utilization measure?
Back
The proportion of total available output being used
4.
FLASHCARD QUESTION
Front
What is the formula for labour productivity?
Back
Total output ÷ Total number of workers
5.
FLASHCARD QUESTION
Front
Which production method is best suited for businesses producing customized, unique products?
Back
Job production
6.
FLASHCARD QUESTION
Front
Which of the following is a key characteristic of flow production? High levels of customization, Production in small, specific batches, Continuous production process, High labour costs
Back
Continuous production process
7.
FLASHCARD QUESTION
Front
If a factory is producing at 70% capacity utilization, what does this mean?
Back
It is using 70% of its maximum production potential
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