QUIZ 4: 4MS OF PRODUCTION

What is the item offered for sale?

• Product

• Service

• Production

• Manpower

What is a transaction in which no physical goods are transferred from the seller to the buyer?

• Product

• Services

• Materials

• Production

What is the process of combining various material inputs and immaterial inputs in order to make something for consumption?

• Product

• Service

• Production

• Manpower

What is a group of products that a company creates under a single brand?

• Product

• Service

• Production

• Product Line

Which means raw materials, components, subassemblies, parts, other supplies, and any industrial services required for the manufacturing of products?

• Materials

• Manpower

• Money

• Machines

Which is defined as the total number of individuals who are employed in a company or available for a particular project assignment or work?

• Materials

• Manpower

• Money

• Machines

Which is any mechanical, electrical, or electronic device designed and used to perform some function and to produce a certain effect or result?

• Materials

• Manpower

• Money

• Machines

Which of the following is important because it later becomes the payment for things that make your business run?

• Materials

• Manpower

• Money

• Machines

Which of the 4Ms of production best describes the image shown?

• Materials

• Manpower

• Money

• Machines

Which of the 4Ms of production best describes the image shown?

• Materials

• Manpower

• Money

• Machines