The production operations of any business combine two factor inputs:
The relatively importance of labour and capital to a specific business can be described broadly in terms of their "intensity" (or to put it another way, significance).
Sounds simple! Some examples will help reinforce the point:
The main features of each category can also be summarised as follows:
Labour intensive operations
Capital intensive operations
We'll use this Series to curate resources that support teachers and students preparing for the BUSS4 Section A Research Theme on Manufacturing in the UK (June 2015). These resources will complement our popular BUSS4 Section A Toolkit on Manufacturing and the BUSS4 Exam Coaching Workshops which also include sessions on Manufacturing.
This resource comprises a complete collection of editable lesson topic worksheets and exam-style case studies that are ideal for teaching individual topics for the whole Year 1 (AS) teaching content. Each lesson topic worksheet and case study has a consistent, clear and professional format and maps precisely to the specification teaching content.