Business Management Chapter 19

Product development includes which of the following?

• a. Creating new products
• b. Changing old products
• c. Making improvements to existing products
• d. All of the responses

Which step is not part of product design?

• a. Building and testing models of the product
• b. Conducting product research
• c. Determining resources necessary to produce large quantities of the product
• d. Determining production costs and comparing them to the product’s price

The two types of product research are

• a. marketing and motivational
• b. pure and speculative
• c. pure and applied
• d. manufacturing and marketing

Ideas for new products can come from

• a. customers
• b. salespeople
• c. researchers
• d. all of the responses

Manufacturing is a special form of

• a. marketing
• b. research
• c. service creation
• d. production

The use of an assembly line is an example of

• a. custom manufacturing
• b. mass production
• c. continuous processing
• d. intermittent manufacturing

Buildings, bridges, and computer software are produced by what type of manufacturing?

• a. Custom manufacturing
• b. Mass production
• c. Continuous processing
• d. Intermittent processing

Which of the following is an important labor supply factor when determining where to locate a manufacturing company?

• a. Supply of workers
• b. Cost of labor
• c. Training needed and available
• d. All of the responses

What laws are used to identify where specific types of businesses can locate?

• a. Environmental regulations
• b. Zoning laws
• c. Tax laws
• d. Resource restrictions

Determining the types of jobs that are required for each part of the production process and the number of people needed for each job is

• a. inventory management
• b. human resource planning
• c. production scheduling
• d. none of the responses