IDENTIFY THE FOUR HORSE( M ) EN OF PRODUCTION CHAPTER III
IDENTIFY THE FOUR HORSE( M ) EN OF PRODUCTION CHAPTER III MATERIALS METHOD MACHINE MANPOWER
IF YOU HAVE THESE FOUR, WHAT DO YOU THINK CAN BE DONE WITH THEM? ? PRODUCT!
MANPOWER 01
MANPOWER - Talks about human labor force involved in the manufacturing of products. - It is measured as the most serious and main factor of production - Educational qualifications and experience, status of employment, numbers of workers required, skills and expertise required should be considered.
MACHINE 02
MACHINE Manufacturing equipment used in the production of goods or delivery of services When buying one, one should consider the type of products to be produced, production system to be adapted, cost of the equipment, capacity, availability of its spare parts in the market, efficiency of it, and skills required to run it
MATERIAL 03
Material - Raw materials necessary in the production of a product. They mainly form part of the finished product. - An entrepreneur may consider cost, quality, availability, credibility of suppliers, and waste that the raw material may produce
METHOD 04
METHOD - The process or way of transforming raw materials to finished products. - The selection of method of production is dependent on product to produce, mode of production, manufacturing equipment to use, and required skills to do the work.
WHAT IS PRODUCT DESCRIPTION?
PRODUCT DESCRIPTION - Explains what a product is and why it’s worth buying . - Its purpose is to provide customers details around the features and benefits of the product.
GUIDELINES IN ORDER TO HAVE A GOOD PRODUCT DESCRIPTION 01
GUIDELINES Know who your target market is. Focus on the product benefits. Tell the full story. Use natural language and tone. Use power words that sell. Use good images.
QUIZ TIME! (Review for 5 minutes)
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 1. It talks about human labor, forces that are involved in the production of a product. Power Worker Manpower Laborer
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 2. Equipment or vehicles that are/can be used for manufacturing a product or for services. Machine Equipment Tools Mechanical
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 3. This forms the part of the finished product. Metal Ingredients Materials Energy
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 4. It explains why a product is and why it’s worth buying. Description of production Product of description Product description Descriptive production
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 5. It is measured as the most serious and main factor of production. Laborer The Man of Power Worker Manpower
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 6. The process or way of transforming raw materials to finished product. Recipe Method Methodology Instructions
(7-10) Instruction: Enumeration! Enumerate the guidelines in order to have a good product decription. Keywords can be counted as correct .
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 1. It talks about human labor, forces that are involved in the production of a product. Power Worker Manpower Laborer
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 2. Equipment or vehicles that are/can be used for manufacturing a product or for services. Machine Equipment Tools Mechanical
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 3. This forms the part of the finished product. Metal Ingredients Material Energy
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 4. It explains why a product is and why it’s worth buying. Description of production Product of description Product description Descriptive production
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 5. It is measured as the most serious and main factor of production. Laborer The Man of Power Worker Manpower
Instruction: Multiple choices! CAPITAL LETTERS ONLY! 6. The process or way of transforming raw materials to finished product. Recipe Method Methodology Instructions
(7-10) Instruction: Enumeration! Enumerate the guidelines in order to have a good product decription. Keywords can be counted as correct .
GUIDELINES Know who your target market is. Focus on the product benefits. Tell the full story. Use natural language and tone. Use power words that sell. Use good images.
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