THE 4M'S

of Operations in Relation to the Business

Opportunity

ARRIOLA, Carl John FELARCA, Carmela LUMAGUE, Irish MANALAD, Akira

 Manpower talks about human labor force involved
MANPOWER
in the manufacture of products.

Manpower criteria that must be highly considered by the

entrepreneur to product quality products:

• Educational qualifications and experience

• Status of employment
• Number of workers required
• Skills and expertise required for the job
 Machine is the technology used in efficiently
operating the business. It was also described as the
MACHINE
"best friend" of manpower in producing products and
offering services.

Things to consider in selecting the type of equipment to

purchase:
• Types of products to be produced
• Product system to be adopted
• Cost of the equipment
• Capacity of the equipment
• Skills required in running the equipment.
 It simply refers to the raw materials necessary in
the production of a product. Materials mainly form
MATERIALS
part of the finished product.

Things to consider in selecting the type of materials to

purchase:
• Cost
• Quality
• Availability
• Credibility of suppliers
• Waste that the raw materials may produce
 Method or production method is the process or way
of transforming raw materials to finished products.
METHOD

Selection of the method of production is dependent on:

• Product to produce
• Mode of production
• Manufacturing equipment to use
• Required skills to do the work
 PRODUCTION

The economic process of converting raw materials into

products suitable for exchange.
 PRODUCTION SYSTEM
INPUTS PROCESS OUTPUT
Intermediate Inputs- the materials The transformation The final product of
or ingredients to be used in phase where inputs are the process stage,
creating the finished product. which is intended to
processed by manpower
be sold to target
and machines to come
Factor Inputs- are the transforming customers.
inputs that will process the
up with the final
intermediate inputs into finished product.
products.
 PRODUCT DESCRIPTION

Product description promotes and explains what a

DEFINITION
product is and why it’s worth buying.

The purpose of a product description is to provide

PURPOSE customers with details around the features and
benefits of the product so they’re obliged to buy.
3 RULES TO VISUALIZE A PRODUCT DESCRIPTIONS THAT SELL

KNOW WHO YOUR TARGET AUDIENCE IS:

FOCUS ON THE PRODUCT BENEFITS

USE GOOD PRODUCT IMAGES
SAMPLE PRODUCT DESCRIPTION
 WHAT IS PROTOTYPE?

A prototype is an initial creation of a product that shows

the basics of what product will look like, what it will do and
how it will work. However, it will not mean to be the final
version as there will be lots to improve.
SAMPLE PRODUCT PROTOTYPE
 ADVANTAGES OF
PROTOTYPES:

1 Creating prototype gives you the opportunity to test and refine the functionality of
your design.

2 It makes it possible to test the performance and quality of the materials.

3 It will help you describe your products more effectively with potential
buyers.
4 It will encourage others to treat you more seriously.
THANK YOU!