Business AS Level
- Created by: sophrevise
- Created on: 07-05-19 10:10
Fullscreen
3.4.3 Making operational decisions to improve performance: increasing efficiency and productivity
The importance of capacity:
- Capacity- the maximum output that a business can produce in a given period with the available resources
-Capacity is important because it stops a business making too much stock whilst ensuring they have enough to satisfy demand.
The importance of efficiency and labour productivity:
- Efficiency- making the best possible use of…
Comments
No comments have yet been made