Business Management II 1.02 Review

The equipment, ingredients, and employee labor at a restaurant are all

• inputs.

• objectives

• productivity

• mass production.

Lack of standardization occurs when

• employees don’t understand how to use a machine or tool

• team members do not get along with each other

• products are complex and difficult to assemble

• tasks and processes are done differently every time.

A company produces only one type of shoe, since this is the product it is best able to produce with its resources. This is an example of

• productivity

• division of labor

• specialization.

• competitive advantage

Which of the following is an example of using capital investment to increase productivity:

• Purchasing new computers.

• Renegotiating a supplier’s contract

• Making suggestions to improve the organization

• Giving performance-based bonuses

A factory that mass produces clothing increases productivity because it reduces

• levels of management

• research and development costs

• employee wages

• wasted resources.

Research and development speed up production by

• providing employees with adequate job training

• simplifying existing products.

• limiting inflation

• reviewing company goals with employees

To reduce the chance of investigations and orders to cease production, businesses should

• adhere to government regulations.

• purchase the most up-to-date technology available

• specialize

• lobby members of Congress

Why are better trained and educated workers often more productive?

• They are less likely to take vacation and sick days

• They are more likely to become managers

• They tend to be more organized and able to manage their time wisely.

• They tend to have a higher gross domestic product per capital

Sharing business goals and objectives with workers is a method of increasing productivity through

• motivation

• communication.

• mass production

• specialization

Even though Brad isn’t a manager, his boss encourages him to give his input on issues affecting the company. Brad’s boss is using

• quality of work life

• specialization

• motivation

• participative decision-making.