Business Production Quiz

State two features of job production.

• It involves producing custom products.

• It is suitable for mass production.

• It requires specialized skills.

• It is highly automated.

One benefit of job production to a business is:

• Customization of products

• Mass production

• Standardization

• Reduced costs

Job production refers to (a)  

• Mass production of identical items
• Production of items in large batche
• Custom production of single items
• Automated production using robots

One disadvantage to a business of using flow production is:

• High initial setup costs

• Increased flexibility

• Lower production rates

• Improved product quality

Identify two stakeholders of a business.

• Employees and Customers

• Suppliers and Competitors

• Government and Media

• Shareholders and Community

One disadvantage of flow production is:

• High initial costs

• Low production speed

• High flexibility

• Low quality control

Match the following actions with their compliance to consumer law:

• Compromising on standards

• Conducting regular safety inspections

• Neglecting legal requirements

• Reducing product quality

• Ensuring product safety

• Providing misleading information

• Deceptive practices

• Ignoring safety standards

Explain how a business can use outsourcing.

Identify two stages of the process of procurement. 1 _____ 2 _____

Identify two consequences for a business of producing poor quality goods. 1 _____ 2 _____