Lesson Two: Improving Production and Productivity
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Questions and Answers

What is considered a raw material in the production process?

  • Natural resources (correct)
  • Labor
  • Ingredients
  • Supplies
  • Which of the following is an example of labor-saving technique mentioned in the text?

  • Using raw materials
  • Consolidating tasks in multiple sites
  • Outsourcing tasks to another company (correct)
  • Hiring more workers
  • In terms of production, which of the following is considered an ingredient?

  • Wheat + flour = bread (correct)
  • Toaster
  • Water
  • Knife
  • What type of raw material does not become a part of the finished product but is used in the creation process?

    <p>Supplies</p> Signup and view all the answers

    Which of the following activities can help a business save on labor costs?

    <p>Automating tasks</p> Signup and view all the answers

    What action would be classified as outsourcing in terms of labor?

    <p>Hiring another company to perform specific tasks</p> Signup and view all the answers

    Which of the following primary industries supplies natural resources?

    <p>Agriculture and mining</p> Signup and view all the answers

    What is the primary role of labor in the production process?

    <p>Produce goods and services through physical or mental work</p> Signup and view all the answers

    What is the main difference between ingredients and supplies in production?

    <p>Ingredients become part of the finished product, while supplies do not.</p> Signup and view all the answers

    How does outsourcing contribute to cost-saving in production?

    <p>By hiring another company to perform specific tasks</p> Signup and view all the answers

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