Business Management HL
Business Management HL
6
Chapters
223
Notes
Unit 1 - Introduction To Business Management - QB
Unit 1 - Introduction To Business Management - QB
Unit 2 - Human Resource Management - QB
Unit 2 - Human Resource Management - QB
Unit 3 - Finance & accounts - QB
Unit 3 - Finance & accounts - QB
Unit 4 - Marketing - QB
Unit 4 - Marketing - QB
Unit 5 - Operations management - QB
Unit 5 - Operations management - QB
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 5 - Operations management - QB
Business Management HL
Business Management HL

Unit 5 - Operations management - QB

Unlock The Power Of Batch Production: Quality Meets Affordability

Word Count Emoji
615 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Hello young business enthusiast! ๐ŸŒŸ Let's dive deep into the world of 'Batch Production' and make it as easy as pie! ๐Ÿฅง

What is batch production? ๐ŸŽฌ

Imagine you're baking cookies. You don't bake one at a time, right? You bake a 'batch'! Similarly, in the business world, products are made in "batches" – not one by one, but not millions at a time either. It's the Goldilocks approach – not too little, not too much, but just right! ๐Ÿช

  • Middle of the Market: This is like the middle lane on the highway – not the slowest, but not the fastest either! It aims for quality AND affordability.

  • Customized yet Standardized: Think of it like ordering a burger. You can choose the toppings, but the choices come from a set menu.

Planning is key! ๐Ÿ“‹

  • Interchangeable Components: It's like using LEGO blocks. Each piece can fit in different ways to make unique models, but they're all still the same standard blocks.

  • Listening to Customers: Imagine if you're making a custom pizza for a friend. You ask them what toppings they want, but you give them a list to choose from. Similarly, businesses consult with customers, but the choices are limited. If you have MANY friends, you might just do a survey instead – that's what market research is for in the business!

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Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐ŸŒŸ

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IB Resources
Unit 5 - Operations management - QB
Business Management HL
Business Management HL

Unit 5 - Operations management - QB

Unlock The Power Of Batch Production: Quality Meets Affordability

Word Count Emoji
615 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Hello young business enthusiast! ๐ŸŒŸ Let's dive deep into the world of 'Batch Production' and make it as easy as pie! ๐Ÿฅง

What is batch production? ๐ŸŽฌ

Imagine you're baking cookies. You don't bake one at a time, right? You bake a 'batch'! Similarly, in the business world, products are made in "batches" – not one by one, but not millions at a time either. It's the Goldilocks approach – not too little, not too much, but just right! ๐Ÿช

  • Middle of the Market: This is like the middle lane on the highway – not the slowest, but not the fastest either! It aims for quality AND affordability.

  • Customized yet Standardized: Think of it like ordering a burger. You can choose the toppings, but the choices come from a set menu.

Planning is key! ๐Ÿ“‹

  • Interchangeable Components: It's like using LEGO blocks. Each piece can fit in different ways to make unique models, but they're all still the same standard blocks.

  • Listening to Customers: Imagine if you're making a custom pizza for a friend. You ask them what toppings they want, but you give them a list to choose from. Similarly, businesses consult with customers, but the choices are limited. If you have MANY friends, you might just do a survey instead – that's what market research is for in the business!

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐ŸŒŸ