topic 4 Flashcards
advantages of job production
more rewarding than creating the same product over again
customer is more likely to be satisfied, greater level of detail
charge higher price (high profit margin)
disadvantages of job production
take longer high costs
advantages of using batch production
possible to use machinery
if batch is spoiled only that batch has to be discarded
larger quantities
staff costs lower not need to be skilled
disadvantages of batch production
can’t be personalised to individual customer
repetitive
advantages of using flow production
large scale produce
less employees needed
production lines can operate 24/7 if necessary
importance of quality - what if you have bad quality?
loss of customers
reputation
cost of replacements or refunds
legal actions take against b
advantages of quality assurance
less wastage
workers valued more responsibility
improved rep for quality
disadvantages of quality assurance
may disrupt production - workers stopping to check quality
training employees
worry abt extra responsibility
e-commerce + to customer
no opening closing times on websites
immediately receive products
variety
e-commerce + to business
worldwide = access to markets abroad
reduce risk (not physical store)
global reach
e-commerce - to business
competitors
websites crash / hacked
highly skilled employees to create web
location of e commerce
business can locate anywhere providing they have internet
levels of employment due to e-commerce
decrease as fewer staff needed bc technology being used
face to face selling
direct contact between buyer and seller
telesales
sales made over the telephone