VCE BM U3 AOS3 Vocabulary

machinery and equipment which are arranged in a sequence, and the product is developed as it proceeds through each step

using a high degree of machinery and equipment during the production process

a digital design tool that enables businesses to generate and modify technical illustrations of a product

a software used to control and direct the production process by controlling machinery and equipment through a computer

the ethical conduct of a business beyond legal obligations to improve the social, economic and environmental outcomes of stakeholders

the extent to which a business achieves its stated objectives.

how productively a business uses its resources when producing a good or service

ensuring that natural resources are not permanently depleted or damaged

a materials planning tool that predicts customer demand for an upcoming period using past data and market trends

transferring specific business activities to an external business in an overseas country