Business Unit 2

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what are the benefits of high capacity utilisation?
less time for workers to feel bored or insecure, positive image resulting in increased demand, resources are fully utilised
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what are the drawbacks of high capacity utilisation?
less time for routine maintenance/cleaning, less scope for error, less room for new orders, extra pressure on staff
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what are the benefits of low capacity utilisation?
scope for error, scope for growth, less pressure, more time for training routine cleaning and maintenance
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what are the drawbacks of low capacity utilisation?
worker boredom and problems with moraleand motviation if peace rate or fear of job being insecure, negative public image, cash flow problems
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what is meant my TQM?
mission, vision, and values understood by all, customer focused staff, continuous improvement, fact based decision making, unencumbered lateral and vertical communications, no reluctance or fear amongst staff in putting forward decisons
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what are the benefits of budgets?
maximise revenues, control spending and minimise costs, resources are used in the most efficient way, effecitively manage cash flow, minimise potential conflict and enhance teamwork, allows deligation without loss of control
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what are the drawbacks of budgets?
external factors can affect the accuracy, if rigidly used could work against the achievements of objectives, failure to consult key people involved leads to unrealistic targets and conflict with management
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what are the drawbacks of high capacity utilisation?

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less time for routine maintenance/cleaning, less scope for error, less room for new orders, extra pressure on staff

Card 3

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what are the benefits of low capacity utilisation?

Back

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Card 4

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what are the drawbacks of low capacity utilisation?

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Card 5

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what is meant my TQM?

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