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Inputs, process and outputs

Inputs, process and outputs

Flow diagram showing land, labour, capital and enterprise feeding into a production process, then outputs, with a factor mix continuum from labour-intensive to capital-intensive

Businesses turn inputs into outputs through a production process. The inputs are the factors of production: land, labour, capital and enterprise.

Factors of production Lesson

  1. IGCSE
  2. /Business
  3. /Factors of production

Step-by-step lessons covering Edexcel IGCSE Business Factors of production for IGCSE Business. Each lesson works through exam-style questions in Paper 1 and Paper 2 format. Build a solid grasp of core business terminology and the different functional areas (marketing, operations, finance, people) before moving on to the evaluation-heavy case-study and calculation questions.

Lessons

Economies and diseconomies of scaleProductionFactors of productionQuality