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Operations

Chain of production

The chain of production consists of the various stages involved in the production of a particular product. The chain of production for furniture may include...

Stock control

Businesses hold stocks in a variety of forms: raw materialswork-in-progressfinished goodsconsumablesplant and machinery spares. The aim of stock control is to make sure that a business...

Production and Quality

The term 'quality' in a business sense means 'fitness for purpose'. A supplier supplies a quality product when it exactly meets the requirements of...

Quality

Quality is often defined as 'fitness for purpose'. In other words, a product that meets the needs and requirements of its consumer. In his...

Factors of production

The term factors of production relates to the key factors that go into making goods. It is common practice to break these down under...

Operations

Operating activities (or operations) are the ongoing activities that a business is involved in - e.g. processing a customer's order in an Argos store,...

Production and resource requirements

Production consists of all those processes which involve converting inputs into finished outputs that can be sold in the marketplace. In order to carry...

Critical path analysis

Critical Path Analysis (CPA) is a management tool designed to ensure the most efficient scheduling of any project. Suppose that a minor building project consists...

Constraints on production

There are a number of limiting factors that determine the quantity and nature of output that a producer is able to achieve within a...

Production process

The production process is concerned with transforming a range of inputs into those outputs that are required by the market. This involves two main sets...

Production specialisation and division of labour

Specialisation is a key feature of complex industrial societies like our own. It takes place at a number of levels: the division of labour specialisation of...

Planning controlling and reporting

Planning, control and reporting are three important aspects of effective production. Production plans set out the targets, time scales and methods of production. Targets...

Methods of production

Methods of production, two major processes should come together in the preparation of a product or service for the market: Market research to find out...

The use of IT

Information Technology (IT) refers to techniques used in business for transmitting, storing, manipulating and retrieving all kinds of data, including speech, text, movies, graphics...

Technology

Technology is the process of applying new scientific discoveries and other developments to products and processes. If we look at the development of production...

Production technology

Technology is the process of applying the finding of science and other forms of enquiry to applied situations. Production technology, therefore, involves applying the...

New product development

When new products are needed to replace those coming to the end of their product life cycles in order to keep up with market changes,...

Monopolies mergers and restrictive practices

Some firms use anti-competitive practices in order to improve their own position in the market at the expense of rivals. The net result is...

The organisation and change

Organisations change over time in a variety of ways. There are a number of ways in which they might change: 1. From small companies to...

Management of change

Organisations change over time in a variety of ways. There are a number of ways in which they might change: 1. From small companies to...

Location

The location of a business is where it is situated e.g. in Central London, Silicon Valley, etc. Where to locate a business is a...

Business Location

The location of a business is where it is situated e.g. in Central London, Silicon Valley, etc. Where to locate a business is a...

Location of production

Location of production Production activity should be located where a firm can be most productive, and yield the highest revenues per unit of investment. A...

Innovation

In business terms, innovation is the commercial exploitation of an invention. This involves dedicating resources and bringing a new idea to market. The succession of...

Health and Safety

The health and safety of employees in the workplace are major concerns for employers and employees. Detailed employment laws and legislation have been created...

Responsible production

Responsible production involves the production of goods and services in an ethical way which involves the minimisation of waste and pollution. In the past...

Productive efficiency

Productive efficiency is measured by the number of units of output that can be produced from given quantities of inputs. Organisations depend upon the skills...

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