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Identify and explain two possible benefits to TRB of improving efficiency
Oct/Nov 2018 Version 12 - 3(d)
IGBizStudies
Jun 14, 20211 min read
9
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What is productivity and efficiency and why it is important
Productivity is the measurement of the amount of output a unit of input could produce. They are measured using the following formulas...
IGBizStudies
May 25, 20211 min read
83
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What is economies of scale and diseconomies of scale
Economies of scale happens when a business grow large enough to enable them to lower average cost, while diseconomies of scale happens...
IGBizStudies
May 25, 20212 min read
125
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How technology influences production
Technology can change production methods, improve productivity, quality and efficiency.
IGBizStudies
May 24, 20211 min read
83
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What are lean production practices
Kaizen and Just-in-time
IGBizStudies
May 20, 20211 min read
114
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What is motivation and why it is important
Motivation is an employees aspirations to do a good job at their work.
IGBizStudies
May 2, 20211 min read
87
0