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Production of Goods and Services

Authored by Darshan Nair

Business

9th Grade

20 Questions

Used 101+ times

Production of Goods and Services
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose one method of lean production.

Job production

Niche market

Just in time

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the purpose of lean production.

Increase speed of production

Minimize errors and waste

Improve morale of workers

Increase variety of goods produced

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Fill in the blanks for the type of marketing that aims to satisfy a specific group of people.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the best way to improve productivity of the workforce?

Introduce AI to replace tasks of all workers

Train workers regularly

Increase wages and benefits of workers

Introduce AI, regularly train workers and raise wages of highly performing workers

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Name the production method that is

highly capital intensive and manufactures standardized output.

6.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Identify the benefits of batch production.

Economies of scale can be achieved

Goods can be produced one at a time

Consumers enjoy variety of goods

Cheap labour cost

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Name the term used to refer to decreasing average costs per unit.

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