The quality of output determines the quality of the input.

Quiz 3

Quiz
•
Business
•
12th Grade
•
Easy
Jellene Garcia
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
False
True
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The production process are usually referred to as the four M's of production – manpower, method, machine and money.
False
True
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Manpower refers to the human workforce involved in the manufacture of products.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Machine refers to the process or technique of converting raw materials to finished goods.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Methods refers to the manufacturing equipment used in the production of goods or delivery of services.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Materials refers to the raw materials needs in the production product.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Availability of spare parts in the local market is one of the entrepreneur may consider in selecting equipment.
True
False
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