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Increasing efficiency and productivity key terms
Study Increasing efficiency and productivity with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
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key terms
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Increasing efficiency and productivity
Key terms
quantitative analysis
quantitative analysis is a Business concept used to analyse Explain the importance of capacity, efficiency and labour productivity in operations.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Capacity, efficiency and productivity
Capacity, efficiency and productivity should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
capacity
capacity affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Capacity, efficiency and productivity
Capacity, efficiency and productivity is a Business concept used to analyse Evaluate the benefits and difficulties of lean production, including Just in Time and Just in Case approaches.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
lean production
lean production should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
just in time
just in time affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Resource mix and technology
Resource mix and technology is a Business concept used to analyse Analyse how businesses choose an optimal mix of labour and capital resources.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
analyse
analyse should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
businesses
businesses affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
quantitative analysis
quantitative analysis is a Business concept used to analyse Explain how technology can improve operational efficiency.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Resource mix and technology
Resource mix and technology should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
technology
technology affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
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