Business studies

What are the three main stages of the Chain of Production?

Primary Production, Secondary Production, and Tertiary Production.

What does Primary Production involve?

Extracting raw materials from the earth, such as mining metals and drilling oil.

What is Secondary Production?

The manufacturing and assembly process where raw materials are transformed into products.

What types of services are included in Tertiary Production?

Services that support the production and distribution process, such as transport, advertising, and healthcare.

What significant trend is happening in employment in Northern Ireland?

Employment is shifting towards the tertiary sector, which is the fastest-growing sector.

What factors are contributing to de-industrialisation in developed countries, including Northern Ireland?

Mechanisation, competition from imported goods, and a high level of education leading to careers in the tertiary sector.

What is the definition of Job Manufacturing?

Production of a single unique item per customer specification.

What are the advantages of Job Manufacturing?

High quality and customer satisfaction; flexibility in design.

What are the disadvantages of Job Manufacturing?

High costs and time-consuming processes.

What is the definition of Batch Manufacturing?

Production of groups of identical products in batches.

What are the advantages of Batch Manufacturing?

Faster production, reduced labor costs, and some economies of scale.

What are the disadvantages of Batch Manufacturing?

Repetitive work, greater space requirements, and time lost in resetting machinery between batches.