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Summary CIE Business (9609) AS LEVEL UNIT 4 Operations and Project Management Notes $8.65
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Summary CIE Business (9609) AS LEVEL UNIT 4 Operations and Project Management Notes
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  • Grado
  • Unit 4 - Operations and project management (9609)
  • Institución
  • CIE
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  • Cambridge International as & a Level Business Coursebook with Digital Access (2 Years) [With eBook]

This document provides an extensive breakdown of the content related to each syllabus point in Unit 4 (Operations and Project Management) of the CIE 9609 BUSINESS AS LEVEL.

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  • Sí
  • 17 de febrero de 2023
  • 8
  • 2022/2023
  • Resumen

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  • cie 9609
  • cie 9609 syllabus notes
  • 9609 as level
  • cie as level business 9609 notes
  • operations and project management 9609
  • cie business as level operations and project management notes

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  • A/AS Level
  • CIE
  • Business 2016
  • Unit 4 - Operations and project management (9609)
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Consistency in the marketing mix

The need for the marketing mix to be consistent with the
business, the product type and the market
- All must reinforce the same message for a coherent customer experience



☆ U4: OPERATIONS AND PROJECT
MANAGEMENT -- THE NATURE OF
OPERATIONS ☆
Inputs, outputs and the transformation process

Operations encompasses products and services
- Operations = designing and controlling systems that are the transformation process


Process: from idea/need to final product/service
- Identify market gap
- Decide to fill it
- Identify resources
- Inputs
- 4 FoPs
- Output


Resources

- Land
- Physical, extraction sites
- Labour
- Manual, skilled - improved w training

, - Capital
- Any ‘tools’ used to produce goods and services
- Intellectual capital
- Intangible - human qualifications, skills


Effectiveness, efficiency and productivity

Difference between effectiveness and efficiency
- Efficiency = producing output at highest ratio of output to input
- Most output w/ least input
- Effectiveness = measure of how well product meets n/w


Productivity = measuring efficiency
- Measure of labour efficiency
- Output in time period / total workers employed (or capital employed)


Value added

How ‘value added’ is linked to marketing, the operations
process and operations decisions
- Process = each transformation state adds more monetary value to the product
- Decisions = taken to maximise added value
- Marketing = improve design, quality and personal attention


Capital versus labour intensity

Benefits and limitations of capital and labour intensive
processes

DEFINITIONS BENEFITS LIMITATIONS

CAPITAL Capital equipment Mass production, Expensive start-up,
INTENSIVE more of an input EoS, low labour costs maintenance,

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