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Business operations IGCSE

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  • Provide an example of use of technologies in secondary sector
    ...
  • What is meant by Batch production?
    Completing one operation at a time on all units before performing the next
  • If companies exploit economies of scale, they ...
    Experience fall in average prices while increasing production
  • Define the term Production
    Transformation of raw materials into finished goods
  • What is labour-intensive production?
    Production that makes more use of labour than machinery
  • Name any of the external economies of scale
    Skilled labour/Infrastructure/Commercial services/Cooperation
  • State one advantage of just-in-time production
    Reduced waste and improved cash-flow
  • Construction of an office block is an example of which type of production?
    Job production
  • Name all factors of production
    Land, labour, capital and enterprise
  • Define the term Downsizing
    Process of reducing capacity, usually by laying off staff
  • What is capital-intensive production?
    Production that makes more use of capital than labour
  • What is meant by the term Bureaucracy?
    System of administration that uses a large number of departments and officials
  • Name any of the internal economies of scale
    Purchasing/Marketing/Technical/Financial/Managerial/Risk-bearing
  • Provide an example of use of technologies in tertiary sector
    ...
  • Approach to production that aims to reduce the quantity of resources used is called ...
    Lean production
  • What is meant by Job production?
    Method of production that involves using all factors of production to complete one unit of output at a time
  • Production of an armrest for an aircraft seat is an example of which type of production?
    Batch production
  • Provide an example of use of technologies in primary sector
    ...
  • Production of metal cans is an example of which type of production?
    Flow production
  • What is the formula to measure labour productivity?
    Total output/Number of workers
  • State one limit to growth
    Lack of finance/Nature of the market/Lack of managerial skills/Lack of motivation
  • If companies exploit diseconomies of scale, they ...
    Experience rise in average prices
  • What is meant by flow production?
    Large-scale production of a standard product
  • What is the formula to measure capital productivity?
    Total output/Capital employed
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