1
Q
What is productivity
A
Measurement of how efficiently resources are combined and ultized for an maximum output
2
Q
Labour productivity definition and equation
A
The average output of each employees
Output/number of workers
3
Q
How can productivity be increased
A
Motivation
Better equipment (automation)
Better training
Better inventory control (less waste)
4
Q
Production
A
The process of making products
Business IGCSE
flashcards
Decks in class (36)
# Cards
-
Purpose Of Business Activity8
-
Specialisation4
-
Classification Of Businesses5
-
Enterprise11
-
Business Objectives7
-
Business Plan4
-
Growths11
-
Ownerships9
-
Franchises4
-
Private/public Limited Company7
-
Stakeholders5
-
Marketing8
-
Market Research14
-
The Market Segmentation4
-
Price (Marketing Mix)18
-
Product10
-
Promotion11
-
Places13
-
Motivation14
-
Organisational Structures21
-
Trade Unions3
-
Recruitment22
-
Communication13
-
Production of a business10
-
Productivity4
-
Quality11
-
Lean production11
-
Location3
-
Cost Scale of Production and Break Even Analysis13
-
Busienss Finance Needs and Sources12
-
Cash Flow Forecasting and Working Captial9
-
Economic Issues17
-
Ethics and the environment10
-
Income Statements10
-
Balance Sheets17
-
Business and the International Company4
