POB OBJ 4.03 MC

What is one of the most important components of the production process?

• human resources

• new technology

• goods and services

• inputs and outputs

What production activity evaluates products to make sure that the products the business produces meet certain quality standards?

• form utility

• automation

• follow-up

• standardization

Which is a example of a short-term objective?

• finishing a six-week computer software course

• becoming president of a large corporation

• paying off a twenty-five-year mortgage

• becoming fluent in a foreign language

Which processes turn economic resources into goods and services?

• production

• distribution

• marketing

• promotion

Which is a benefit of putting one's goals in writing?

• clarifies the goals

• makes the goals attainable

• develops one's perseverance

• provides a challenge

Jessie is designing a new style of bracelet to sell at school to raise money for FBLA. She has sold so many bracelets that she has assigned other members of FBLA to assist her in making the bracelets. Which production activity step is this?

• dispatching

• production

• purchasing

• planning