4Ms

1. It represents the final products from the production process and distributed to the customers.

• input

• supplies

• output

• materials

2,Which of the following refers to the manufacturing equipment used in the

production of goods or delivery of services?

• Machine

• Manpower

• Method

• Materials

3. Which of the following refers to the human workforce involved in the manufacture of products?

• Materials

• Method

• Machine

• Manpower

4. Statement

I- Skills and expertise is not important in considering manpower.

Statement II- Benefits are the reasons why customers will decide to buy the

products.

• Only Stamenent I is true

• Only Statement II is true

• Both Satements are true

• Both Statements are false

5. Statement I- In selecting the type of equipment to purchase, the entrepreneur may consider cost and capacity of the equipment.

Statement II- The purpose of a product description is to supply customers

through details around the features and benefits of the product.

• Only Statement I is true.

• Only Statement II is true.

• Both Statements are true.

• Both Statements are false.