| A | B |
|---|
| Manufactured products | Items that are made by people in a factory or workshop. |
| Factory | Building, or group of buildings, where products are manufactured. |
| Consumers | The people who buy and use products. |
| Craft | A skilled occupation or job |
| Craftsperson | A person who specializes in a particular job or craft. |
| Industrial revolution | a period during the late 1700's when machines where used to complete many of the task's previously done by hand. |
| Division of labor | the idea of dividing work into many steps. A different person is responsible for each different step. |
| Scientific management | The system of developing standard ways of doing particular jobs. One goal of the system is to cut out all waste of time and emotion. |
| Time and Motion Study | an investigation into the best ways of doing a job. Things such as working conditions, wasted time, and unnecessary movement are observed. |
| Moving Assembly line | A system that moves parts to the people who then complete their specific jobs with those parts. |
| Designing | the process of planning and drawing an idea. |
| Market Research | the process of getting people's opinions about a product so that a company knows what changes to make or weather to sell the product. |
| Suppliers | people or company's that provide one or more of the parts for the manufactured product. |
| Capital | The money, goods, and possessions used in a business in order to make more money. |
| Just In Time | A method of scheduling the arrival of materials at the time they are needed, so that it is not necessary to store those materials. |
| Production Materials | Everything necessary to make a product. |
| Added Value | The increase and how much a piece of material is worth after it becomes part of a finished product. |
| Quality Control | the process of inspecting products to make sure they meet with all standards that have been set. |
| Assembly Line | an arrangement of workers or machines where each person or machine completes a certain part of that the product and then passes it on to the next person or machine in the line. |
| Commission | a payment made to the sales or agent for business they have done. |
| Organization Chart | A diagram of the jobs needed to make a product. |
