Increasing Efficiency and Labour Productivity (AQA A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What does JIT management mean for businesses?
What does JIT management mean for businesses?
Order & receive inventory only when needed
How does JIT help businesses respond to market changes?
How does JIT help businesses respond to market changes?
Not tied to large stock, can adapt easily
What is a major risk of using JIT?
What is a major risk of using JIT?
Production halts if suppliers delay
Why might JIT mean missing bulk purchase discounts?
Why might JIT mean missing bulk purchase discounts?
Order smaller amounts more frequently
What does labour productivity measure?
What does labour productivity measure?
Output produced per worker
Why do productivity improvements require significant investment?
Why do productivity improvements require significant investment?
New technology is costly to buy & maintain
What risk do piece-rate systems create?
What risk do piece-rate systems create?
Workers rush, lowering product quality
Which is NOT one of the four factors of production?
Which is NOT one of the four factors of production?
Marketing
What characterises capital-intensive production?
What characterises capital-intensive production?
High machinery levels relative to labour
Why are restaurants typically labour-intensive?
Why are restaurants typically labour-intensive?
Personal service requires human interaction