Eng Mgmt revision

Which are the ingredients of today's computer?

• Von Neumann architecture

• MOSFETs

• Integrated circuits

• Binary code

• All of the answers

What is defined as information goods?

• They are goods made of bits rather than physical materials

• They are goods made of bites rather than materials

• They are information made of bites rather than materials

• They are anything made of bits and not materials

Complementary goods can be defined as:

• An increase in price good A will result in movement along the SS curve of A but also shift DD curve of good B inwards.

• An increase in price good A will result in movement along the DD curve of A but also shift DD curve of good B inwards.

• An increase in price good A will result in movement along the SS curve of A but also shift SS curve of good B inwards.

• An increase in price good A will result in movement along the DD curve of A but also shift SS curve of good B inwards.

Operation management concentrates on 5 important functions. They are

What type of supply chain structure is this?

• Make to stock

• Make to order

• Engineer to order

• Assemble to order

There are 3 prominent methods in defining business models. They are...

• Customer needs analysis

• Value proposition design

• Business model generation

• All the listed

What are one the methods of assessing business models?

• SWOT

• SMART

• PESTLE

• Forter 5 forces

...................is a framework to analyze macro-environmental factors of a business.

Sam decided to go into a business. He decided to buy into the name and advertising of the existing business. The business equipment will be supplied from the parent company. What type of business ownership is this?

The organization invest in exchange for equity. They may require repayments on the money that they have invested and demand control of the company. What source of funding is this?