PRODUCTION

THE ECONOMIC PROCESS



OF CONVERTING RAW
MATERIALS INTO
PRODUCTS SUITABLE FOR
EXCHANGE
THE 4M’S OF
OPERATIONS

WHAT ARE THOSE?

1. MANPOWER
1. MANPOWER
This refers to the workforce,
whom will help a business to
produce more products.
An entrepreneur needs to hire
good and competent people to
produce quality products.
2. MACHINE
 2. MACHINE
Refers to the devices and


equipment used to perform

specific type of work and
usually uses energy
(electricity) to perform task.
 2. MACHINE
Example in Food
Industry, food processor
are indispensable in
producing products
Food processor for potato chips
 3. MATERIAL
Pertains to anything used as
inputs to production of
manufacturing.
It can be a finished product

or an unprocessed raw
material.
 3. MATERIAL
Raw materials are first


harvested, extracted and

processed to produce semi-
finished materials
3. MATERIAL
3. MATERIAL
3. METHOD
3. METHOD
 This refers to the ways of
producing a particular product
from raw materials.
 This may refer to traditional

method, such as producing the

product manually, or it may be
machine-assited or automated.
 Group Activity
 Watch the
videohttps://www.youtube.com/watch?v=2NzUm7
UEEIY
 Identify the type of manufacturing
 Identify the manpower, material, machine and
method
 Have a brainstorming with your groupmates
 Write your output in 1 whole sheet of paper
 Present your output in front of the class
Group Presentation