Nature of Operations 4AS.1 2.0 / 5 based on 1 rating ? Business StudiesOperations managementASCIE Created by: nickdetoneCreated on: 22-01-13 01:38 96210381574 Across 1. converting inputs into outputs (10) 4. meeting the objectives of the enterprise by using inpus productively to meet coustomer' needs (13) 5. producing ouputs at the highest ratio of input to output (10) 6. keeping costs as low as possible (10) 7. 1 of three factors that determine degree of value added (11, 8) Down 2. involving a high quantity of capital equipment compared with labour input (7, 9) 3. All business requires this, manual or intellectual (6) 8. Difference between cost of purchasing raw materials and cost of final products for what it is sold for (5, 5) 9. number of units produced during a time period (5, 2, 10) 10. need to adapt to new processes, new products or new consumer preferences (11)
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