2.1 ways in which businesses can improve productivity/ 2.2 ways buienesses structure the working enviroment Flashcards

1
Q

what is efficiency

A

Efficiency is about producing goods without wasting any resources such as time, effort and money.

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2
Q

what is productivity

A

Productivity is used to measure efficiency. The idea is to:​

increase your output (final product) &​

decrease your input (resources)​

without jeopardising the quality of the output
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3
Q

investment in applications of technology

A

Technology assists manufacturing industries to ​produce products in greater quantity​ of consistent quality ​and in shorter production time.

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4
Q

what is innovation

A

The introduction of new things or methods; improving the current work practices, procedures and products.

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5
Q

what is capital investment in equipment and faculties

A

Equipment and facilities need to be regularly maintained and also replaced.​

Efficiency can also be increased by​

- redesigning workstations​

- moving equipment to create a more logical​

  flow​

- assessing the best storage areas for stock
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6
Q

what is just in time inventory management system

A
  • An inventory management system that aims to avoid holding any stock (inputs or finished products). ​
  • Supplies arrive just as needed for production and finished products are immediately dispatched or sold to customers.
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7
Q

Just in time inventory management systems

A

BENEFITS​

No need to pay for storage​

No out-of-date stock​

No stock loss due to theft

POTENTIAL PROBLEMS​

Insufficient stock increase in Efficient inventory control necessary

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8
Q

what is training and upskilling the workforce

A

Well-trained, motivated and loyal workforce increase in More productive and efficient workforce​

Multiskilled employees increase in More flexible, creative and innovative workforce​

Valued employees increase in More willing to adapt to change

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9
Q

difference in multiskilling and up-skilling the workforce

A

Up-skilling:​ Improving on a skill you already have or learning a new aspect of that skill.​

Multi-skilling:​ Having skills in different but related areas. This makes you more efficient and proficient at various tasks.

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10
Q

what is a business structure

A

It is important for businesses to have an organisational structure in place. ​

Organisation structure = how a business organises their employees​

An organisation structure determines:​

  • Who does what​
  • Who is responsible for whom and for what​
  • Who makes the decisions
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11
Q

features of hierarchal business structure

A

Large businesses tend to use the hierarchical structure (also known as the vertical structure).​

Features: ​

Employees are arranged into layers and levels from senior management​

Positions, roles and responsibilities are clearly identifiable ​

Span of control (number of employees reporting to a manager) is clearly defined​

Centralised decision-making (most decisions are made by senior management)

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12
Q

what is features of flatter organisational structures

A

Smaller businesses tend to use the flatter structure.​

Features: ​

Improved communication due to fewer layers of staff​

Employees are now involved in the decision making​

Increased use of employee knowledge, skills and experience​

Workers feel greater levels of empowerment and motivation

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13
Q

what are the features of the network structure

A

Features: ​

Functions are outsourced (outside the company)​

Flexible and can adapt to changes in consumer demand and choices

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14
Q

what are the features of the matrix structure

A

Often used when businesses are undertaking a project or an assignment​

Features: ​

Forms a team of specialists from different functional areas (e.g. marketing, finance)​

Improved communication channels​

Interdepartmental rivalries (competition between departments are reduced​

Increased number of innovations being put forward due to the ‘cross-pollution’ of ideas

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15
Q

what is the matrix structure defined

A

A matrix Structure involves teams with specialists from different functional areas

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16
Q

what is the flatter structure defined

A

A flatter structure
Structure has the workforce organised in layers, but with only a few levels between senior managers and frontline workers.

17
Q

what is the hierarchal structure defined

A

A Hierarchal Structure has employees arranged in layers from senior management down
To frontline workers, with clearly identifiable organisational positions.

18
Q

what is the network structure defined

A

A network Structure means that the business outsources a number of its functions to
Outside businesses