Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Indicative content Knowledge 2, Application 2, Analysis 4, Evaluation 4 There is likely to be less waste, given the high skills of the craftsmen,

image text in transcribedimage text in transcribed

Indicative content Knowledge 2, Application 2, Analysis 4, Evaluation 4 There is likely to be less waste, given the high skills of the craftsmen, which is important considering cost of raw materials. Highly motivated craftsmen are more likely to lead to increased productivity. Build quality of the beds will be higher - reinforcing the quality nature of the product. Provides branding advantages since hand-made is synonymous with high quality. Potential counterbalance Much more expensive to employ. They may require costly and time-consuming training. They may be difficult to replace. Depends on whether machinery could be used to complete the same task at the same quality. Depends on what % of the production of the bed is completed by hand. (d) Assess the importance to a business such as Vi-Spring of having highly-skilled and motivated craftsmen. (12)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Management

Authors: Andrew J. DuBrin

9th Edition

538478233, 2900538478235, 978-0538478236

More Books

Students also viewed these General Management questions

Question

Contact person at the organization

Answered: 1 week ago