ECONOMICS (CBSE/UGC NET)

ECONOMICS

PRODUCTIVITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
An advantage of Job production is
A
Its usually quicker to complete
B
Costs are much lower
C
A personal service can be provided
D
None of the above
Explanation: 

Detailed explanation-1: -The advantages of job production include higher quality products, customer satisfaction, employee job satisfaction, and flexibility in production. The disadvantages of job production include higher costs, difficulty to find replacements, and longer waiting times till completion.

Detailed explanation-2: -Job production tends to be labour intensive, and often highly skilled labour is required. Examples include building ships, bridges and buildings, handmade crafts like furniture and made-to-measure clothes.

Detailed explanation-3: -Job production is when individual products are made one at a time to meet specific customer preferences. An example would be tailor-made suits, which are made specifically to each customer’s measurements and tastes.

Detailed explanation-4: -Relatively long fabrication time. Unstable work. Low process planning. Short production run. Limited access to raw materials. Need for highly skilled labour. Allows for decentralised work. High adaptability. More items •02-May-2022

There is 1 question to complete.