Business keywordsd

?
Just in time. Where raw materials are delivered as they are needed.
JIT
1 of 8
Waiting to be used in the manufacturing process to create a finished product.
Raw materials
2 of 8
Roads, Railways, airports and ports.
Roads, Railways, airports and ports.Infastructure
3 of 8
A product that is ready to be sold to the customer.
Finished goods
4 of 8
Cost advantages to a business of expanding.
Economies of scale
5 of 8
The amount of products made in a certain time by a certain number of employees.
Productivity
6 of 8
To make the most out of their raw materials and employees, and trying to keep all costs as low as possible.
Efficiency
7 of 8
Go to countries where the staff with appropriate skill can be found at lower wages.
Relocation
8 of 8

Other cards in this set

Card 2

Front

Waiting to be used in the manufacturing process to create a finished product.

Back

Raw materials

Card 3

Front

Roads, Railways, airports and ports.

Back

Preview of the front of card 3

Card 4

Front

A product that is ready to be sold to the customer.

Back

Preview of the front of card 4

Card 5

Front

Cost advantages to a business of expanding.

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Production resources »