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  • Exercise 8 Production Aspect

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    This document outlines an exercise for a technical and operations aspect of a business concept. It includes sections for the business concept statement, technology/innovation used, materials and equipment needed including supplier details and costs, business site location, and labor requirements including necessary skills, worker qualifications, and labor standards. The exercise is for a team to fill out with their business idea details.

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    production aspect of business

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    This document outlines an exercise for a technical and operations aspect of a business concept. It includes sections for the business concept statement, technology/innovation used, materials and equipment needed including supplier details and costs, business site location, and labor requirements including necessary skills, worker qualifications, and labor standards. The exercise is for a team to fill out with their business idea details.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    5 views3 pages

    Exercise 8 Production Aspect

    Uploaded by

    Anonymous Fo2x9X77bN
    This document outlines an exercise for a technical and operations aspect of a business concept. It includes sections for the business concept statement, technology/innovation used, materials and equipment needed including supplier details and costs, business site location, and labor requirements including necessary skills, worker qualifications, and labor standards. The exercise is for a team to fill out with their business idea details.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    EXERCISE ON TECHNICAL AND OPERATIONS ASPECT

    Team Name: ________________________ Section: __________

    Name of Team Member Signature


    1
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    7

    Business Concept Statement – This is a one-sentence public statement of what your business
    is seeking to accomplish.

    A. Technology/Innovation

    1. What new technology or innovation will be employed in your business?


    Discuss this technology or innovation.

    2. How will the technology or innovation be used to establish your value proposition?

    B. Materials and Equipment

    1. What equipment, materials and supplies will you need?


    2. Where can you buy them?
    3. How much would they cost?


    Qty. Item Name and Address of Supplier Price
    Equipment

    Raw Materials

    Other Supplies

    C. Business Site

    Where will you locate your production site and/or market outlet (if any)?

    D. Labor Requirements

    1. What kind of technical skills will be needed? What important competencies are expected
    from the workers?
    2. What will be the workers’ qualifications?

    3. What labor standards must be met (health, safety, etc.)?

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