Business Assessment Flashcards
1
Q
State two factors of production
A
Land
Labour
Capital
Enterprise
2
Q
Explain how TQM can help a business achieve better quality
A
Requires everyone to be working towards quality
Employees monitor their own work
3
Q
State two benefits of induction training.
A
- Helps the new employee feel supported
- Helps the new employees
- integrate with other employees
- Learn key information about the business,