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Lesson Two: Improving Production and Productivity

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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?

Supplies (D) Signup and view all the answers

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

Automating tasks (C) Signup and view all the answers

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

Hiring another company to perform specific tasks (B) Signup and view all the answers

Which of the following primary industries supplies natural resources?

Agriculture and mining (C) Signup and view all the answers

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

Produce goods and services through physical or mental work (C) Signup and view all the answers

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

Ingredients become part of the finished product, while supplies do not. (C) Signup and view all the answers

How does outsourcing contribute to cost-saving in production?

By hiring another company to perform specific tasks (C) Signup and view all the answers