Inputs (HSC SSCE Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are inputs in business operations?
What are inputs in business operations?
Resources needed to create goods/services
Which resources undergo change during production?
Which resources undergo change during production?
Transformed resources
What is the relationship between energy use and value-adding?
What is the relationship between energy use and value-adding?
Direct and proportional
What are intermediate goods?
What are intermediate goods?
Products processed but needing more work
What is capital-labour substitution?
What is capital-labour substitution?
Machinery replacing human workers
What are the three types of transformed resources?
What are the three types of transformed resources?
Materials, Information, Customers
What does CRM stand for in business operations?
What does CRM stand for in business operations?
Customer Relationship Management
Why are employees the most important transforming resource?
Why are employees the most important transforming resource?
They coordinate all other resources
What do facilities refer to in operations?
What do facilities refer to in operations?
Physical plant and machinery used
What are KPIs in business operations?
What are KPIs in business operations?
Criteria measuring efficiency/effectiveness