Business unit 2: computers reduce costs and increase efficiency

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  • Created by: Harpreet
  • Created on: 16-05-13 09:31
it's important for a business to operate efficiently
i.e. do the maximum amount of work with minimum input of people + raw materials
1 of 5
efficient business' will have lower operating costs
this means fewer workers + resources are needed to do the same amount of work. lower costs results in higher profit margins.
2 of 5
some businesses have linked networks
this means info can be stored on a central server but can be accessed by any member of staff quickly + easily.
3 of 5
computers are accurate
no errors, unfortunately it's easy to input the wrong information, and PC's can still crash
4 of 5
technology is improving all the time
can be hard for a business to keep up
5 of 5

Other cards in this set

Card 2

Front

efficient business' will have lower operating costs

Back

this means fewer workers + resources are needed to do the same amount of work. lower costs results in higher profit margins.

Card 3

Front

some businesses have linked networks

Back

Preview of the front of card 3

Card 4

Front

computers are accurate

Back

Preview of the front of card 4

Card 5

Front

technology is improving all the time

Back

Preview of the front of card 5

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