The Production Function (Grade 11 NSC Matric 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 does the production function transform into finished goods?
What does the production function transform into finished goods?
Raw materials
Which THREE factors must businesses consider when planning production?
Which THREE factors must businesses consider when planning production?
Variety, volume & machinery
What feature defines mass production systems?
What feature defines mass production systems?
Continuous flow of identical products
What happens if one machine breaks down in mass production?
What happens if one machine breaks down in mass production?
The entire production line stops
How does mass production affect unit costs?
How does mass production affect unit costs?
Products become cheaper per item
How are products manufactured in batch production?
How are products manufactured in batch production?
In groups, completing each batch first
What advantage does batch production offer over mass production?
What advantage does batch production offer over mass production?
Flexibility to produce different items
What type of products does job production create?
What type of products does job production create?
Unique, customised items
Why can businesses charge higher prices for job production?
Why can businesses charge higher prices for job production?
Products are customised to requirements
Why are raw materials more expensive in job production?
Why are raw materials more expensive in job production?
Cannot be purchased in bulk quantities