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WorksheetsProduction of Goods and Services
Total questions: 20
Worksheet time: 14mins
Choose one method of lean production.
Job production
Niche market
Just in time
Choose the purpose of lean production.
Increase speed of production
Minimize errors and waste
Improve morale of workers
Increase variety of goods produced
Fill in the blanks for the type of marketing that aims to satisfy a specific group of people.
(a)
What is the best way to improve productivity of the workforce?
Introduce AI to replace tasks of all workers
Train workers regularly
Increase wages and benefits of workers
Introduce AI, regularly train workers and raise wages of highly performing workers
Name the production method that is
highly capital intensive and manufactures standardized output.
(a)
Identify the benefits of batch production.
Economies of scale can be achieved
Goods can be produced one at a time
Consumers enjoy variety of goods
Cheap labour cost
Name the term used to refer to decreasing average costs per unit.
(a)
Who is involved in controlling operations of a factory?
Manager
Director
Worker
CEO
Choose the best way to reward doctors in hospitals.
Improving working condition
Increasing wages
Enlarging their tasks through promotions with an increase in wages
What is the measure used to evaluate workers' productivity?
Key Performance Index (KPI)
Total Quality Management (TQM)
Gross Domestic Product (GDP)
Human Development Index (HDI)
Name the Japanese term that defines continuous improvement.
(a)
How does a business purchase resources to benefit from economies of scale?
(a)
State the cost associated to outdated inventory.
(a)
Which production method takes the longest time?
Flow
Lean
Job
Batch
Which production method involves specialist workers in subgroups?
Batch
Job
Flow
It's cheaper to use labour than machinery in the long run.
True
False
State the general aim of a business.
(a)
What is meant by efficient production?
Production of a large number of output
Production of output in the shortest time possible
Production of output with the lowest cost per unit
Select two features of a demographic segmentation.
Population
Age group
Income
Select two features of automation in the production line.
Expensive
Time consuming
Cost-effective in the long run
Slow
