Improving Business Productivity 7.3

What is the purpose of holding large inventories?

• To ensure the correct materials arrive just as they are needed
• To reduce storage costs
• To make sure the business does not run out of materials
• To encourage innovation and creativity

What are the drawbacks of using the just-in-time inventory system?

• Inefficient coordination of activities
• Strained relationship between employer and employees
• Decreased employee motivation and productivity
• Increased inventory holding costs

What are the benefits of using the just-in-time inventory system?

• Reduced storage costs and reduced risk of waste
• Increased availability of materials
• Improved relationship between employer and employees
• Increased employee motivation and productivity

What are different methods of employee training?

• Providing employee training
• Coordinating all activities related to employees
• Managing the relationship between employer and employees
• Managing the use, storage, and delivery of materials

What is off-the-job training?

• Training that focuses on learning one competency
• Training that involves coaching and job rotation
• Training that takes place at the workplace
• Training that involves classroom activities and simulations

What is competency-based training?

• Training that involves classroom activities and simulations
• Training that takes place at the workplace
• Training that focuses on learning one competency
• Training that involves coaching and job rotation

What is materials management?

• Managing the way materials are received and stored
• Managing employee motivation and productivity
• Managing the use, storage, and delivery of materials
• Managing the relationship between employer and employees

What is on-the-job training?

• Training that involves coaching and job rotation
• Training that involves classroom activities and simulations
• Training that takes place at the workplace
• Training that focuses on learning one competency

What is the role of human resources in managing the relationship between employer and employees?

• Managing the use, storage, and delivery of materials
• Managing the way materials are received and stored
• Managing employee motivation and productivity
• Coordinating all activities related to employees

What strategies are used by human resources to improve employee motivation and productivity?

• Coordinating all activities related to employees
• Managing the relationship between employer and employees
• Providing employee training
• Managing the use, storage, and delivery of materials