Business unit 15 Concepts Quiz

What is the primary focus of change management in a business context?

• To maintain static organizational structures

• To prepare and support individuals and organizations in making organizational changes

• To ensure that businesses never have to change

• To decrease the speed of organizational changes

Which decade saw a shift from large numbers of employees in car factories to more automated processes?

• 1990s

• 1980s

• 2000s

• 1970s

What is a key benefit of using robotics in production methods?

• Increased need for manual labor

• Decreased production speed

• Increased production costs

• Improved quality and speed

What does JIT stand for in the context of stock control?

• Just In Time

• Just In Technology

• Just In Training

• Just In Transactions

How does the JIT philosophy impact stock levels in supermarkets?

• Increases the frequency of overstock

• Reduces wastage and storage needs

• Leads to frequent stockouts

• Slows down the ordering process

What is a primary reason companies are moving into technological processes?

• To reduce employee numbers

• To stay competitive with rivals

• To eliminate physical stores

• To decrease product variety

Which of the following is NOT listed as an advantage of brick and mortar businesses overtaken by digital distribution?

• Speed

• Ease of use

• Personal customer interaction

• Variety and price

What contributes to companies having to face and deal with technological change?

• Decreasing sales figures

• Traditional advertising methods

• Growth in digital distribution channels

• Reduction in global trade

What is described as a challenge in stopping the digital revolution?

• The ease of implementing new technologies

• The necessity for companies to adapt for increased profits

• The availability of technological resources

• The global consensus on technology standards

What is a key factor that forces companies to adapt to market changes?

• Technological advancements

• Decrease in consumer spending

• Changes in consumer trends and tastes

• Legislation changes