Bellringer 02/13/2019 (70Q) GRADED

Which is NOT an advantage of Job production?

• Unique design

• Flexible

• Large scale production

• Meets customers needs

Which type of production requires specialist skills?

• Job production

• Flow production

• Batch production

Why do suppliers matter?

• They have chocolate

• Because you like them

• Calling all hearts

• Satisfied customers

What is Just-In-Time Production?

• Holds stock just in case there is a delay

• For unexpected increase in demand

• Holds as little stock as possible, items are ordered just in time

Whats the importance of good customer service?

• All of these

• Increase customer spending

• Increase customer loyalty

• Attract new customers

What are two stages of the sales process?

• Dealing with rude customers

• Preparing through good product knowledge

• Understanding needs and wants

• Getting paid

Which production moves continuously from one stage of the process to the other using large identical items?

• Flow production

• Batch production

• Job production

• All of them

What is the meaning of logistics?

• Establishing terms and payment

• Selecting suppliers

• Transportation of supplies, storage and distribution to the end customer

A business with one owner is known as a:

• Company

• Sole trader

• Partnership

What is the name of a person who owns part of a corporation?

• Stakeholder
• Shareholder
• Trust Agent
• Chairman