QUIZ IN 4M'S

  Machines are considered as the “best-friend of the                                                         in producing goods and offering services.

• METHOD

• MANPOWER

• MACHINE

• MATERIALS

 

It is the M where one should look at one’s ability, intellect and creative ideas.

• MATERIAL

• MONEY

• MANPOWER

• METHOD

What does the equipment represents?

• MANPOWER

• METHOD

• MATERIAL

• MACHINE

Which among the following talks about the process of the production?

• MANPOWER

• METHOD

• MATERIAL

• MACHINE

Melinda wanted to use tools that will lessen their burden in doing manual work. What production factor will she look at?

• METHOD

• MANPOWER

• MACHINE

• MATERIALS

Entrepreneurs can protect their product through .....

• CONNIVANCE

• PATENT

• BRIBERY

• BLACK PROPAGANDA

It     is     a     process     of    appointing     a     third     party     manufacturer      to    do     the manufacturing operations of the business.

• Operation Planning  

• Manufacturing

• Outsourcing

• Training

Cost, quality and availability should be considered in choosing     

• Product

• Price  

• Material

• Machine

It is the first version of the product.

• Supply

• Sample  

• Imitation

• Prototype

it is the drive train that gets us where we are going

• Production

• Productive input 

• Processors

• Transformers