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    Eiman Abbasi
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    The document contains a business homework assignment for a student in Year/Division 11. It includes 3 lessons on the production of goods and services, with multiple choice questions asking about the differences between production and productivity, why businesses hold inventories, the benefits of increasing production efficiency and how to do so, and an explanation of lean production and its benefits. The student is to answer the questions in the provided spaces, which will then be marked out of total marks.

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    The document contains a business homework assignment for a student in Year/Division 11. It includes 3 lessons on the production of goods and services, with multiple choice questions asking about the differences between production and productivity, why businesses hold inventories, the benefits of increasing production efficiency and how to do so, and an explanation of lean production and its benefits. The student is to answer the questions in the provided spaces, which will then be marked out of total marks.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    2 views3 pages

    97413

    Uploaded by

    Eiman Abbasi
    The document contains a business homework assignment for a student in Year/Division 11. It includes 3 lessons on the production of goods and services, with multiple choice questions asking about the differences between production and productivity, why businesses hold inventories, the benefits of increasing production efficiency and how to do so, and an explanation of lean production and its benefits. The student is to answer the questions in the provided spaces, which will then be marked out of total marks.

    Copyright:

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

    AY 2023-24 Subject: BUSINESS HW NUMBER: 1

    Term 1: WEEK 2 Date of Issue: 31/08/2023 Due date of Submission: 02/09-


    07/09/2023
    Name of the student: Year/Division: 11 ………

    Marked By: Total Marks: ………

    PRODUCTION OF GOODS & SERVICES – LESSON 1


    Question 1:
    Write the differences between production and productivity [6]
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    Question 2:
    Why business hold inventories? [4]
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    PRODUCTION OF GOODS & SERVICES – LESSON 2
    Question 1:
    What are the benefits of increasing efficiency of production and how to increase [4+6=10]
    it?
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    PRODUCTION OF GOODS & SERVICES – LESSON 3


    Q1. Explain the concept of Lean production and what are the benefits of using [4+6=10]
    Lean production?
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