Producing Goods & Services
- Created by: Miranda98
- Created on: 14-05-14 19:35
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- Producing Goods & Services
- Goods & Services
- distinguish between goods & services
- Private sector and public sector
- economic systems
- the trends in the service sector
- International Trade
- importance
- multinationals set up in the UK
- identify what businesses face in the global market
- Effective use of resources
- How waste can be minimised
- The importance and impacts of quality
- How to improve quality
- Location
- Factors affecting location of the production unit and retailing
- Business Growth
- Construct, interpret a break even chart and analyse the effects on break-even chart of changes in cost and/or prices
- explain why businesses grow and why some remain small
- How they grow - internal/external growth
- The EU
- Importance of membership
- issues regarding the single european currency from stakeholders
- No tariffs between member countries
- Methods of production
- specialisation
- division of labour
- How they impact efficiency
- specialisation
- How they impact efficiency
- Goods & Services
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