Q13 Analyse benefits of increased productivity for a manufacturing business. [6]
Possible Structure:
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13 Analyse benefits of increased productivity for a manufacturing business. [6]
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Sir Afzal Shad
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Re: 13 Analyse benefits of increased productivity for a manufacturing business. [6]
[KN] Cost Savings
[AN] Higher productivity reduces production costs, leading to improved profitability.
[AN+] Saved resources can be used for other business needs, fostering financial health and flexibility.
[KN] Improved Competitiveness
[AN] Increased efficiency allows for quicker production and better adaptation to market changes
[AN+] Enhanced competitiveness attracts more customers, increases market share, and positions the business for long-term success.
[AN] Higher productivity reduces production costs, leading to improved profitability.
[AN+] Saved resources can be used for other business needs, fostering financial health and flexibility.
[KN] Improved Competitiveness
[AN] Increased efficiency allows for quicker production and better adaptation to market changes
[AN+] Enhanced competitiveness attracts more customers, increases market share, and positions the business for long-term success.