Organisation And Production

Question 0

What is the organisation structure?

Answer 0

Acquiring resources-organising resources-overseeing resources-quality control

Question 1

Why is organisation so important?

Answer 1

It’s the heart to every business because insufficient processes and port quality products result in no profit

Question 2

Who takes care of acquiring and organising resources?

Answer 2

Operations management

Question 3

Why is organising resources so important?

Answer 3

It saves money; excess resources=wastage and shortage=halt of production

Question 4

Organising effectively means?

Answer 4

Ensuring a firm has the RIGHT QUALITY, the RIGHT QUANTITY at the RIGHT TIME

Question 5

Operations management organise?

Answer 5

Raw materials, skilled workers and machinery&equipment

Question 6

Adding value?

Answer 6

When a firm produces a product which is worth more to the customer than the total cost of bought-in materials used to produce it

Question 7

Firms add value in 4 ways; what are these?

Answer 7

Strong brand image
Providing greater convenience
Offering good design and additional features
Improving quality