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What is meant by Batch production?
Completing one operation at a time on all units before performing the next
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heart
Other team wins 20 points!
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rocket
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fairy
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baam
Lose 20 points!
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What is capital-intensive production?
Production that makes more use of capital than labour
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Provide an example of use of technologies in secondary sector
...
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Name any of the external economies of scale
Skilled labour/Infrastructure/Commercial services/Cooperation
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What is meant by flow production?
Large-scale production of a standard product
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State one limit to growth
Lack of finance/Nature of the market/Lack of managerial skills/Lack of motivation
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Approach to production that aims to reduce the quantity of resources used is called ...
Lean production
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shark
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shark
Other team loses 15 points!
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baam
Lose 5 points!
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Define the term Downsizing
Process of reducing capacity, usually by laying off staff
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seesaw
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gift
Win 25 points!
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thief
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Define the term Production
Transformation of raw materials into finished goods
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What is meant by the term Bureaucracy?
System of administration that uses a large number of departments and officials
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If companies exploit economies of scale, they ...
Experience fall in average prices while increasing production
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State one advantage of just-in-time production
Reduced waste and improved cash-flow
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What is labour-intensive production?
Production that makes more use of labour than machinery
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