Explain two benefits and two limitations of CC using batch production. Benefit 1: ...................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... Benefit 2: ...................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... Limitation 1: .................................................................................................................. ....................................................................................................................................... ....................................................................................................................................... ....................................................................................................................................... Limitation 2: .................................................................................................................. ....................................................................................................................................... ....................................................................................................................................... .......................................................................................................................................

Business

IGCSE&ALevel

CAIE

Exam No：0450_w24_qp_21 Year：2024 Question No：3(a)

Answer:

4.1.1.1 the use of factors of production: land, labour, capital and enterprise

4.1.1.2 the stages of the transformational process: inputs to outputs

4.1.1.3 the contribution of operations to added value

4.1.2.1 the importance of efficiency, effectiveness, productivity and sustainability

4.1.2.2 measurement of labour productivity

4.1.2.3 the impact on a business of measures to improve sustainability of operations

4.1.3.1 the benefits and limitations of capital intensive operations

4.1.3.2 the benefits and limitations of labour intensive operations

4.1.4.1 differences between methods – advantages and disadvantages of each method