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GCSE
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More cards in this set
Card 6
Front
All business requires this, manual or intellectual
Back
Card 7
Front
converting inputs into outputs
Back
Card 8
Front
number of units produced during a time period
Back
Card 9
Front
the ratio of outputs to inputs during production
Back
Card 10
Front
number of units per worker
Back
Card 11
Front
labour cost per unit can be calculated by : ** divide by labour productivity
Back
Card 12
Front
producing ouputs at the highest ratio of input to output
Back
Card 13
Front
meeting the objectives of the enterprise by using inpus productively to meet coustomer' needs
Back
Card 14
Front
involving a high level of labour input with capital equipment
Back
Card 15
Front
involving a high quantity of capital equipment compared with labour input
Back
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