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How would the production of these two products differ?. Marks and Spencer Outfit. David Koma Outfit. Learning Outcomes. By the end of the lesson you will be able to: Describe the difference between capital and labour intensive approaches
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How would the production of these two products differ? Marks and Spencer Outfit David Koma Outfit
Learning Outcomes By the end of the lesson you will be able to: • Describe the difference between capital and labour intensive approaches • Explain the advantages and disadvantages of each method • Analyse the importance of having a combined approach
Take a look at the following two approaches. Which is labour intensive and which is capital intensive?What would be the advantages and disadvantages of each method for the business?
Debate You should get into a group of four. Within the group 2 of you will argue the case for labour intensive production and 2 for capital intensive. As well as preparing your own argument you should: • Have examples from two successful companies to reinforce your arguments • Have two questions ready to throw at your opponents.
Key Operational Objectives Which approach is better at achieving operational objectives? • Cost • Volume • Quality • Time • Flexibility • Environmental e.g H&M
Is it possible to combine approaches? Identify examples of each approach in the video. Analyse how combining a capital and labour intensive approach may help BMW achieve their operational objectives? (15 marks)