Operations Flashcards
(72 cards)
Whats a legislations
When the goverment introduced laws/ legislation over the year to protect workers from poor empyee practise
Name the legislations you need to now for higher
- the equality act 2010
- health and safety at work act 1974
- national minimum wage regulations
- national living wage regulations
What is the equality act 2010
This is aimed to prevent discrimination against different protected characteristics (e.g gender, age, sexuality etc)
What can impact the business due to the equality’s impact
- employee training
- requirement process
- policy’s, procedures and monitoring
- investigations of accustom
- protection
- accessibility
Name a type of discrimination
- direct discrimination
- discrimination by association
- discrimination by perception
- indirect discrimination
- harassment
- victimisation
What is the health and safety work act 1974
A legislation that aims to raise the standard of health and safety for all people at work and also the public
Whats the employers duty’s for the health and safety act
- provide h&s training
- provide necessary equipment
- provide toilets and clean drinking water
- have safety checks
- deal with hazards properly
- ensure equipment is working and not a danger
Whats the empyee duty’s regarding the health and safety act
- comply with training
- take care of themselves and others
- report and accidents or hazards that occur
How can the health and safety act impact a business
- safety equipment
- legal action
- compositations
- closure
- training
Whats the national minimum wage act 1988
The lowest amount of pay a person can receive per hour is they are under the age of 24. There rates vary according the the age and price changes every April
Whats the national living wage
All employees over 24 must be paid a living wage. This is when an hourly rate is calculated to the cost of living
Whats the impact of the national living wage
- backdated payments
- reduction in staff
- reputation
- legal action
- increase costs
What is the inventory control chart used for
To show when a bussness SHOULD re- order stock, the max and min of stock they SHOULD have
Whats the issue with overstocking
- high cost with storage, security and insurance
- inventory could become out of date of fashion
- to much money tied up in stock means it can’t be invested on other areas of the business
- harder to manage larger stock levels meaning more vulnerable to theft
Whats the issue with understocking
- damaged reputations of orders aren’t fulfilled
- customers go to competitors
- production stop due to lack of stock
- increase ordering cost (no bulk buying discount)
- unable to meet customers demands
What is just in time (JIT)
When a business holds no stock and instead relies on delivery to arrive exactly when they are needed
Whats a pro of using just in time method
- no money tied up in stock meaning it can be used elsewhere
- less storage space means reduces costs
- reduces wastage as there is less of a risk of stock becoming out of date/ fashion
- easier to monitors stock levels meaning there is less a risk of theft
Whats a con of using the just in time method?
- if delay occur production will have to stop
- loss on economy of scale as fever bulk buying is required
- stock delivery’s repeatedly means increase in delivery costs
- increase carbon footprint witch can damage the image of the business
Whats the difference between being ethical and being environmental
Being ETHICAL means to respect laws, people and the local area
Being ENVIRONMENTAL means to respect the environment
Whats a way a business can be environmental
- try to minimise waste and recycle
- minimise packaging
- prevent pollution and contamination
- be sustainable (e.g use solar power)
- use energy saving strategy’s
- use renewable energy
Whats a benefit of being environmental in a business operations
- gain a good reputation and possible recognition (rewards)
- wastage cost reduced as minimising waste means getting the most out of the raw goods
- creates a competitive advantage
- rentable energy saves cost in the long run
- plays a part in helping the environment
Whats a cost of a bussness having an environmental operation
- exspensive to purchase eco- friendly alternative
- some products may require more packaging to be safely delivered
- not all products can be recycled
- new procedures may need to be adapted
- training on appropriate waste disposal can be expensive
How can a bussness be ethical in there practises
- buy raw goods from farms with good safety standard
- follow working and pay guidance from employees
- think about the local community
Whats a benefit of a bussness being ethical
- can obtain a good reputation and possible recognition (awards)
- can attract customers and staff to the organisation
- some customers may be prepared to pay more for ethically produced goods