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Chapter 22 and 23 - Operations (AS) Flashcards | StudBud
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Chapter 22 and 23 - Operations (AS)
Labout cost per unit of firm B
When going international the business should ignore...
Chapter 22 and 23 - Operations (AS)
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StudBud Administration
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#CIE #AS1
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Questions
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Answers
1
When going international the business should ignore...
cultural differences
None of them
laws and taxes
workers rights and wages
2
Labout cost per unit of firm B
221
200
311
316
3
flow production
increases costs but requires little finance
decreases output
decreases quality
lowers costs but requires a lot of finance
4
A limitation of CAM
more accuracy
more flexible production
set up costs
less labour costs
5
Labour cost per unit of firm A?
400
4
200
300
6
operations
preparing outputs to demand products to meet supply
preparing inputs to supply products to meet demand
are done by doctors
is not a key business department
7
operational flexibility
improving finished goods
offering customized goods using CAM
being able to change the products and quantity easily
improving manufacturing systems
8
Buying in bulk to get discounts
management EOS
financial EOS
purchasing EOS
technical EOS
9
Which is likely to be an example of job production?
A4 paper
Tattoo
Nike shoes
Starbucks mug
10
Productivity of firm B?
0.29
3.5
29
3.6
11
A common reason for DOS
Have a large product range and portfolio
Workers don't feel valued and part of the business
Employ the best managers
Afford the best machines
12
Economies of scale
increase AC by decreasing output
lower AC by decreasing output
lower AC by increasing output
increase AC by increasing output
13
High footfall usually comes at a cost of...
lower costs
No one walking past
A higher break even point
Having no passing trade
14
A major quantitative location consideration
room for further expansion
transportation costs
look and feel of the building
managers preference
15
mass customisation
is cheap to set up
will maximize demand while keeping costs low
provides completely bespoke unique products
will lower demand while keeping costs low
16
Diseconomies of scale
occur when the firm gets too big
is caused by excellent bulk discounts
occur when production is too low
isn't caused by demotivated staff
17
Employing specialist and high quality leaders
purchasing EOS
technical EOS
financial EOS
management EOS
18
process innovation
being able to change the products and quantity easily
improving finished goods
offering customized goods using CAM
improving manufacturing systems
19
More likely to get a loan with lower interest rates
financial EOS
technical EOS
management EOS
purchasing EOS
20
Capital intensive
using more money than machines
using more money than workers
using more workers than machines
using more machines than workers
21
Buying the best CAD/CAM
management EOS
financial EOS
purchasing EOS
technical EOS
22
Job production
cheap, nasty, low quality
costly, bespoke, skilled workers
continuous flow
costly, bespoke, capital intensive
23
To avoid DOS
centralize the business to become more dynamic
complicate the business further
go international
decentralize the business to become more dynamic
