Production of goods and services

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Description and Tags

IGCSE Business Studies

CIE

Operations management

HIGH_SCHOOL

Last updated 3:34 AM on 9/9/26
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4 Terms

1
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production

the process of combining inputs together to turn them into product outputs

2
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labour productivity

the number of units of output produced for every unit of labour input in a given time period

3
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productivity of labour (employees)

output per period (units) / number of employees = _ units per employee

4
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a

a