IB Business And Management Standard Level (SL) Practice Exam

Manufacturing large volumes of a homogeneous product with relatively low unit costs when using mass production methods.

Mass Production Standardization Production Process Productivity

Correct Answer:

Mass Production

Explanation:

Mass production is about producing large volumes of identical items using standardized processes and often assembly-line work. This setup lowers unit costs because the fixed costs of machinery and supervision are spread over many units, and workers specialize in repetitive tasks, boosting efficiency. The description—large volumes of a homogeneous product at relatively low unit costs achieved through mass production methods—fits this approach exactly, since high volume and uniformity drive cost efficiency through standardization and streamlined workflows. Standardization helps achieve the uniformity, but the overall method being described is mass production.

Access more questions from this quiz

Continue to IB Business and Management Standard Level (SL) Practice Exam for more practice questions and the full quiz experience.

Access More Questions