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WorksheetsProgress Test Q
Total questions: 19
Worksheet time: 13mins
Internal business failure is caused by factors (a) the business
External business failure is caused by factors (a) of the business
Which 4 of the following are causes of Internal business failure?
Poor cash flow
Poor quality product
Competition
Too much customer credit
Poor marketing
Which 4 of the following are causes of External business failure?
Changes to legislation
Poor quality product
Competition
Changes in consumer tastes
Economic Conditions
What is meant by production?
Turning an invention into a good or service
The transformation of resources into goods or services
Selling goods or services
Using capital equipment when making a good or service
What is Job production?
Products move continuously through the stages of production
Factory is divided into sections where a team makes the complete product
A group of products move together through several stages of production
Making one product at a time
Which 3 are advantages of job production?
Highly skilled workers
High quality product
Can adapt to meet customer needs
Cheap to produce
Which 3 are disadvantages of job production?
High labour costs
Slow production
Can adapt to meet customer needs
Very expensive
What is Batch production?
Products move continuously through the stages of production
Factory is divided into sections where a team makes the complete product
A group of products move together through several stages of production
Making one product at a time
Which 3 are advantages of batch production?
Unit cost of production is lower
Specialised machinery used for each stage
Flexible to alter products in later stages
Complex different machines needed
Defects affects whole batch
What is Flow production?
Products move continuously through the stages of production
Factory is divided into sections where a team makes the complete product
A group of products move together through several stages of production
Making one product at a time
Which 3 are advantages of flow production?
Unit cost of production is lower
Large scale production method
Fast production
All products are standardised
Defects affects whole batch
What is Cell production?
Products move continuously through the stages of production
Factory is divided into sections where a team makes the complete product
A group of products move together through several stages of production
Making one product at a time
Which 3 are advantages of cell production?
Efficient use of factory space
Motivated workers through teamwork
Multiskilled team needed
Difficult to organise
Flexible to alter product
What is the calculation for productivity?
Output x Number of workers or machines
Output + Number of workers or machines
Output / Number of workers or machines
Output - Number of workers or machines
How can a business increase productivity, pick 4?
Training
Shut down at Christmas
Specialisation
Team working
Use of machinery or technology
What is meant by efficiency?
Getting the most output from the inputs
The output produced by inputs in a given time period
Using all resources to their maximum
The percentage of total capacity that is actually being achieved in a given period
Which 4 factors influence efficiency?
Motivation
Factory layout
Worker Breaks
Worker Skills
Standardisation
Labour intensive production is when more ________ is used than _______
labour, machinery
machinery, labour
