Bus Mgt 1B Unit 5 Quiz

Hadeel calculates the activity ratios of different lines in her sock factory. While many of the lines are hovering around 98 percent, she sees that one line of five-toed socks has an activity ratio of 89.5 percent. Hadeel’s factory holds that it should take five hours to complete every batch of socks on the line. Looking at this activity ratio on the five-toed sock line, which is the MOST likely conclusion that Hadeel would draw?

• The floor manager on that line is not competent.

• Due to the design, the line takes more time to complete.

• The activity ratio calculated for the line must have a math error.

• Fewer employees are working on the other sock lines.

Oliver wants to open a small retail shop to sell hand-carved clocks. He has gathered the information on how much the materials, shop rent, and electricity will cost. When trying to decide how much to charge for his clocks, what other factor does Oliver need to consider?

• how much it will cost to pay employees

• whether Oliver likes the vendor he picked

• what hours the shop will be open

• who should film the shop’s commercial

João manages a large department that is responsible for manufacturing and selling sheetrock. He’s working on his monthly plan to present at the S&OP meeting. When making his projections for the next quarter, which information would be the MOST valuable to João?

• the number of sick days taken by employees last month

• the advertising budget of the closest competitor

• customer feedback about the newest water-resistant line

• the sales amount needed to make João’s Christmas bonus

Megumi is happy with her regular vendor but notices that another company is offering the same teapots she sells in her store for $3 less than she pays. Considering the prior relationship she has with her existing vendor, wat is the BEST course of action for Megumi to take?

• just keep paying them the price agreed upon because of their history

• switch to the new vendor in order to save money on the products

• contact her existing vendor to see if they will match the price

• buy a few of the cheaper teapots to see if they are comparable products

Megumi is happy with her regular vendor but notices that another company is offering the same teapots she sells in her store for $3 less than she pays. Considering the prior relationship she has with her existing vendor, wat is the BEST course of action for Megumi to take?

• just keep paying them the price agreed upon because of their history

• switch to the new vendor in order to save money on the products

• contact her existing vendor to see if they will match the price

• buy a few of the cheaper teapots to see if they are comparable products

Emiko and Antoni are introduced at a party and begin to make small talk. When asked what he does for a living, Antoni answers, “I’m in retail.” Based on this answer, what fact is safe for Emiko to assume?

• Antoni is involved in selling goods to consumers.

• Antoni is an entrepreneur who only answers to himself.

• Antoni’s career is in the clothing industry.

• Antoni manages a large supply chain.

After studying last quarter’s figures, Luca sees that, although it should only take five hours to manufacture each blender, his employees are taking nine hours on average. Which percentage shows their efficiency rate?

• 55

• 65

• 75

• 85

Zala specializes in supply chain management for a large defense contractor. Looking over the calls she has placed to different departments over the last month, which department would likely show up MOST on Zala’s phone records?

• Marketing

• Research & Development

• Purchasing

• Human Resources

Giovanni runs a large company that pours concrete foundations. He bids on huge jobs laying the foundations for skyscrapers. Giovanni pays his workers by the hour. In the last few jobs, Giovanni has made less profit than originally expected. In order to adjust his bids, what ratio would MOST help Giovanni know if he’s calculating enough into the proposal to pay his workers adequately?

• multifactor productivity

• efficiency ratio

• labor capacity

• idle time ratio

Eli manages a store that sells men’s clothing. He receives a product catalog from his vendor with the items available for his upcoming order. After Eli looks at the product catalog, which would be the BEST order for him to place before the summer season?

• assorted items, including coats, jeans, shorts, and t-shirts

• basics like pants, shirts, underwear, and socks

• some pants and shirts along with several types of shorts and t-shirts

• items from the company’s latest activewear line for women