13/6 Engineering and Manufacturing (Level 3) Objectives

What are the key differences between agile and traditional models?

• Agile focuses on iterative development, while traditional models follow a linear approach.

• Agile requires more documentation than traditional models.

• Traditional models are more flexible than agile.

• Agile and traditional models have the same approach.

Describe the importance of planning in business.

• Planning helps in setting objectives and goals.

• Planning is not necessary for business success.

• Planning decreases efficiency in business operations.

• Planning is only important for large businesses.

Management is the process of _______.

• planning, organizing, leading, and controlling resources

• only planning resources

• only organizing resources

• only leading resources

What are some goals that businesses may have according to the text?

• Increase profits

• Expand market share

• Improve customer satisfaction

• All of the above

According to the text, effective management should mean engineering companies operate:

• Inefficiently

• Unprofessionally

• Profitably

• Unethically

A company might need to be 'restructured' as it grows because:

• it wants to improve efficiency and adapt to new challenges.

• it has too many employees.

• it is making too much profit.

• it wants to reduce its market share.

How does flexibility in management structures benefit engineering companies?

• It allows for faster decision-making and adaptation to changes.

• It increases the rigidity of processes.

• It reduces the need for skilled workers.

• It limits innovation and creativity.

What is the initial structure of a new start-up company?

• Owner only

• Owner and Employees

• Employees only

Explain how the role of the owner changes as more staff are recruited in a start-up company.

• The owner becomes more involved in day-to-day operations.

• The owner focuses more on strategic planning and less on daily operations.

• The owner takes on a more technical role.

• The owner reduces their involvement in the company entirely.

What is the main challenge faced by the owner as the business grows?

• Managing increased workload

• Hiring new employees

• Expanding office space

• Maintaining quality standards