Explain what is meant by added Draw diagrams for two different products to illustrate the chain of value. production and the process of adding value. Calculate added value. Explain ways of increasing added. Evaluate the importance of Identify a product that adds amounts of value along the production value to a business and its process. How does this benefit the business? stakeholders. Discuss how brands can add to their goods and services Which – factors help them the most and how? Job, and flow Explain the different methods of Investigate businesses, each using different methods of production, e.g., production including job, batch tailor made suits; bread; steel. Explain the advantages and and flow. disadvantages to each business of the method of production that it uses. Evaluate appropriate methods of production for businesses. 27 OPERATIONS MANAGEMENT Productivity Explain what is meant by productivity. Understand ways of measuring Using real or imagined data calculate productivity and capacity utilisation productivity. for three different businesses.
Job, and flow Explain what is meant by added value. Calculate added value. Explain ways of increasing added. Evaluate the importance of value to a business and its stakeholders. Explain the different methods of production including job, batch and flow. Evaluate appropriate methods of production for businesses. Draw diagrams for two different products to illustrate the chain of production and the process of adding value. Identify a product that adds amounts of value along the production process. How does this benefit the business? Discuss how brands can add to their goods and services – Which factors help them the most and how? Investigate businesses, each using different methods of production, e.g., tailor made suits; bread; steel. Explain the advantages and disadvantages to each business of the method of production that it uses. 27 OPERATIONS MANAGEMENT Productivity Explain what is meant by productivity. Understand ways of measuring productivity. Using real or imagined data calculate productivity and capacity utilisation for three different businesses.
Eduqas%20Business%20Course%20Outline%20(from%20September%202015).docx