Production Vocab

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Production Vocab

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Will

United States

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Production Vocab


Froggy Jumps Production VocabOnline version Production Vocab by Will 1 A production method in which the product moves past workers who each do one assigned production task a Line Assembly b Assembly line c Production 2 A method of operating or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor a Automation b Automatic c Robots 3 Assets of a business a Capital b Money c Revenue 4 Manufactured or constructed items that are used to produce goods and services a Market share b Capital c Capital goods 5 The process of turning economic resources into products a Conversion Process b Production Process c Transformation 6 The process of raising funds from a large group of people, usually via the internet a Crowdsourcing b Crowdfunding c Fundraiser 7 Issuing orders for production to start a Scheduling b Ordering c Dispatching 8 Money needed to operate a business a Startup Capital b Financial Capital c Operating Costs 9 Usefulness created by altering or changing the form, shape, or look of a good to make it more useful or attractive to the end user a Production b Strategic Transformation c Form Utility 10 People who work to produce goods and services a Human Resources b Headquarters c Corporate 11 The specific economic resources used in producing goods and services a Outputs b Inputs c Exact Amount 12 The rapid production of large quantities of a product a Discount b Assembly Line c Mass production 13 Items that are found in nature and used to produce goods and services a Natural Resources b Promotional items c Capital Goods 14 The goods and services produced as the result of combining inputs a Inputs b outputs c external resources 15 The economic process or activity of producing goods and services a Production b productivity c products 16 Determining how products will be produced and in what amounts a Production strategy b Production planning c production 17 The way in which production is carried out a production planning b production rate c Production process 18 Buying the resources needed for production a Purchasing b paying c capital 19 A mass production technique in which robots carry out the repetitive tasks that workers would find monotonous and tiring a Automation b robotics c robots 20 The activity that determines the sequence of the steps for production a Assembly line b Routing c order 21 The activity that establishes the timetable to be followed in production a Scheduling b Planning c Strategy 22 The production of one item at a time or items in small quantities a Single production b Mass production c Unit production 23 The rivalry between two or more businesses to attract scarce customer dollars a Competition b Rivals c Compete 24 A retail store competing on the basis of low prices and offering limited customer service a Discount Store b Exchange price c Market 25 The amount of money that the buyer is willing to pay and the seller is willing to accept for a good or service a Exchange price b Price c Cost based pricing

Production Vocab

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Production VocabOnline version

by Will

A production method in which the product moves past workers who each do one assigned production task

A method of operating or controlling a process in which tasks are completed by automatic means, such as technology, reducing human effort and labor

Assets of a business

Manufactured or constructed items that are used to produce goods and services

The process of turning economic resources into products

The process of raising funds from a large group of people, usually via the internet

Issuing orders for production to start

Money needed to operate a business

Usefulness created by altering or changing the form, shape, or look of a good to make it more useful or attractive to the end user

People who work to produce goods and services

The specific economic resources used in producing goods and services

The rapid production of large quantities of a product

Items that are found in nature and used to produce goods and services

The goods and services produced as the result of combining inputs

The economic process or activity of producing goods and services

Determining how products will be produced and in what amounts

The way in which production is carried out

Buying the resources needed for production

A mass production technique in which robots carry out the repetitive tasks that workers would find monotonous and tiring

The activity that determines the sequence of the steps for production

The activity that establishes the timetable to be followed in production

The production of one item at a time or items in small quantities

The rivalry between two or more businesses to attract scarce customer dollars

A retail store competing on the basis of low prices and offering limited customer service

The amount of money that the buyer is willing to pay and the seller is willing to accept for a good or service