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Intro Management Unit 5 Common Assessment Review

Total questions: 60

Worksheet time: 30mins

Name
Class
Date
1.

What is production?

a)

The selection of inputs for making outputs

b)

The process of assembling the factors of production

c)

The conversion process that results in time utility

d)

The creation of goods and services from economic resources

2.

Which of the following is an example of production:

a)

Reading a new novel

b)

Purchasing food items

c)

Providing home security

d)

Answering your home telephone

3.

The specific resources used in a company's production are called

a)

inputs

b)

consumer goods

c)

outputs

d)

conversion processes

4.

In production, the purpose of the conversion process is to

a)

control the costs of production

b)

find markets for the firm's products

c)

turn inputs into products

d)

turn outdated products into new ones

5.

What kind of conversion process is being used in an automated assembly line that produces soft drinks?

a)

Batch

b)

Labor-intensive

c)

Unit

d)

Capital-intensive

6.

Which of the following outputs is considered industrial goods

a)

A freezer purchased by a restaurant owner

b)

A gallon of milk purchased by a family

c)

A textbook purchased by a college student

d)

A sewing machine purchased for home use

7.

One of the benefits of production to consumers is that production

a)

makes use of automation

b)

provides a way to earn profits

c)

creates form utility

d)

provides a way to be competitive

8.

Why is production important to businesses?

a)

It enables businesses to charge high prices

b)

It eliminates competition

c)

It creates goods and services businesses can sell

d)

It informs businesses about consumers' needs and wants

9.

Efficient production enables businesses to

a)

charge higher prices than competitors

b)

obtain advance orders for goods and services

c)

make an accurate forecast of sales

d)

turn out the most products at the least cost

10.

Which of the following is a true statement about production activities:

a)

They vary depending on the product being created

b)

Most are considered difficult tasks

c)

They are not necessary for the success of the business

d)

They rely solely on capital resources

11.

Planning the quantities to produce is an important part of production planning because it helps to

a)

prevent losses to the business

b)

sequence the steps in the production

c)

increase consumer demand for the product

d)

locate the resources needed for the product

12.

The production activity used to obtain all the resources needed for production to take place is

a)

routing

b)

scheduling

c)

purchasing

d)

dispatching

13.

An intermittent production process is a method of production in which

a)

the process stops and then restarts

b)

robots carry out the repetitive tasks

c)

the process turns out products without stopping

d)

production equipment is controlled by computers

14.

What type of production would most likely be used to produce prescription glasses?

a)

Unit

b)

Batch

c)

Mass

d)

Robotic

15.

Which of the following is a characteristic of mass production:

a)

It is considered inefficient

b)

It often uses assembly lines

c)

It produces one-of-a-kind items

d)

It is primarily used for small quantities

16.

Why is routing an important production activity?

a)

Routing establishes company standards

b)

Routing issues orders for production to start

c)

Routing establishes a timetable for production

d)

Routing establishes the production path of inputs

17.

Employees who are involved in production scheduling are responsible for

a)

obtaining the resources needed in the production

b)

issuing orders for production activities to begin

c)

establishing the path inputs take through production

d)

estimating how long each step in production will take

18.

Which production activity issues work orders telling employees what their job assignments are?

a)

Routing

b)

Dispatching

c)

Scheduling

d)

Following up

19.

Which of the following is a follow-up activity in production:

a)

Projecting sales for the company's products

b)

Making sure that production deadlines were met

c)

Estimating the number of steps in the production process

d)

Making sure that production steps follow proper sequence

20.

Why do many businesses follow up after production to ensure that products meet standards set by outside organizations?

a)

To estimate future sales

b)

To determine raises for production workers

c)

To create dispatches

d)

To remain competitive

21.

The equipment, ingredients, and employee labor at a restaurant are all

a)

inputs

b)

objectives

c)

productivity

d)

mass produciton

22.

Janine works for a gift-wrapping service. During a typical eight-hour workday, Janine wraps 52 gifts. What is her productivity rate?

a)

17.3 gifts per hour

b)

2.2 gifts per hour

c)

7.0 gifts per hour

d)

6.5 gifts per hour

23.

One way that the productivity of a business can be measured is by

a)

determining the amount of time needed to gather all necessary inputs

b)

calculating the total monetary costs of all inputs used

c)

dividing the dollar value of total sales by the costs of making those sales

d)

dividing the number of products made by the cost of distributing those items

24.

Why is the productivity of service businesses measured differently than that of manufacturing businesses?

a)

Service businesses are less efficient than manufacturers

b)

Manufacturers measure their productivity on a regular basis

c)

Service businesses are concerned about the appropriateness of their products

d)

Manufacturers produce intangible goods

25.

Why should productivity by measured?

a)

To see whether the business's objectives are being met

b)

To locate new sources of inputs

c)

To determine the best ways to invest company profits

d)

To find new ways to meet customer needs

26.

A positive effect that productivity has on a business is helping it

a)

determine the health of the nation's economy

b)

increase sales and profits

c)

increase the standard of living

d)

stop inflation

27.

How does increased business productivity benefit consumers?

a)

More goods and services become available, so prices go down

b)

More goods and services become available, so prices go up

c)

Costs of labor and prices increase, so inflation goes up

d)

The gross domestic product goes down, so inflation goes up

28.

Gross domestic product per capita is a measure of

a)

everything a country produces within its borders

b)

everything a country imports from foreign countries

c)

everything a country exports

d)

the average worker's productivity

29.

Lack of standardization occurs when

a)

employees don't understand how to use a machine or tool

b)

tasks and processes are done differently every time

c)

products are complex and difficult to assemble

d)

team members do not get along with each other

30.

A company produces only one type of shoe since this is the product it is best able to produce with its resources. This is an example of

a)

specialization

b)

division of labor

c)

productivity

d)

competitive advantage

31.

Which of the following is an example of using the capital investment to increase productivity:

a)

Renegotiating a supplier's contract

b)

Making suggestions to improve the organization

c)

Giving performance-based bonuses

d)

Purchasing new computers

32.

A factory that mass produces clothing increases productivity because it reduces

a)

employee wages

b)

wasted resources

c)

research and development costs

d)

levels of management

33.

Research and development speed up production by

a)

simplifying existing products

b)

providing employees with adequate job training

c)

limiting inflation

d)

reviewing company goals with employees

34.

To reduce the chance of investigations and orders to cease production, businesses should

a)

purchase the most up-to-date technology available

b)

specialize

c)

adhere to government regulations

d)

lobby members of Congress

35.

Why are better trained and educated workers often more productive?

a)

They are more likely to become managers

b)

They are less likely to take a vacation and sick days

c)

They tend to have a higher gross domestic product per capita

d)

They tend to be more organized and able to manage their time wisely

36.

Sharing business goals and objectives with workers is a method of increasing productivity through

a)

motivation

b)

mass production

c)

communication

d)

specialization

37.

Even though Brad isn't a manager, his boss encourages him to give his input on issues affecting the company. Brad's boss is using

a)

motivation

b)

participative decision-making

c)

specialization

d)

quality of work life

38.

What is a method that managers can use to motivate employees?

a)

Encouraging employees to specialize

b)

Offering performance-based financial rewards

c)

Investing in new technology

d)

Sharing customer information with employees

39.

Fair salaries and wages, competitive benefits, and safe and healthful working conditions are all important in creating a good

a)

standard of living

b)

competitive advantage

c)

division of labor

d)

quality of work-life

40.

The amount and value of outputs produced form set amounts of resources are known as

a)

inputs

b)

objectives

c)

productivity

d)

mass production

41.

A product that is useful and performs its job well demonstrates which of the following components of quality:

a)

Excellence

b)

Value

c)

Conformance to specifications

d)

Customer satisfaction

42.

When a customer considers a product to be worth the money s/he spent on it, the product demonstrates which of the following components of quality:

a)

Excellence

b)

Value

c)

Conformance to specifications

d)

Customer satisfaction

43.

Which of the following is a true statement regarding quality management:

a)

It involves only upper-level managers

b)

It requires a short-term commitment

c)

It is used mostly in the manufacturing industry

d)

It is an ongoing process

44.

Quality management is a

a)

tool

b)

technique

c)

six-step process

d)

philosophy

45.

Which of the following is a process that weeds out defective products after they've been created:

a)

Quality control

b)

Quality assurance

c)

Quality improvement

d)

Quality command

46.

Which of the following is a system that focuses on preventing defective products from being created in the first place:

a)

Quality control

b)

Quality assurance

c)

Quality improvement

d)

Quality command

47.

Making changes in the organization as a means of maintaining quality is an example of

a)

quality control

b)

quality assurance

c)

quality improvement

d)

quality command

48.

One of the most important characteristics of a quality good is

a)

tangibles

b)

empathy

c)

reliability

d)

responsiveness

49.

A good that is easy to fix and maintain is said to be

a)

durable

b)

empathetic

c)

serviceable

d)

reliable

50.

Dan likes his eye doctor because she is caring and shows concern for him as an individual patient. This illustrates which important characteristic of quality service providers?

a)

Empathy

b)

Reliability

c)

Tangibles

d)

Serviceability

51.

Which of the following is a factor that keeps quality at the forefront of the modern business world:

a)

Weather patterns

b)

Consumer pressure

c)

Outdated technology

d)

Currency fluctuations

52.

Which of the following is a true statement regarding quality management and the environment:

a)

Organizations should regard environmental issues above customer satisfaction

b)

Quality-management plans should create environmentally sustainable processes and products.

c)

Environmental issues have little to no impact on the quality management

d)

Creating quality products is usually harmful to the environment

53.

Which of the following is a potential benefit of implementing quality management:

a)

Unchanging organizational vision

b)

Lower taxes

c)

Increased costs

d)

Increased consistency

54.

Quality management must begin at which level of a company?

a)

Leadership

b)

Contractors

c)

Individual/Job

d)

Departmental

55.

A proofreader making sure every word in a document is spelled correctly is an example of quality management at which of the following levels:

a)

Executive

b)

Managerial

c)

Job/Performance

d)

Departmental

56.

Which of the following is a potential challenge when implementing quality management

a)

Too-specific goals and plans

b)

A budget surplus

c)

Difficult laws/regulations

d)

Lack of integration

57.

The cost of employing product inspectors is a(n) _____________ cost.

a)

prevention

b)

appraisal

c)

internal failure

d)

external failure

58.

The cost associated with throwing out defective products as they come off the production line is a(n) _____________ cost.

a)

prevention

b)

appraisal

c)

internal failure

d)

external failure

59.

When a customer returns a defective product for a refund, it's a(n) ____________________ cost.

a)

prevention

b)

appraisal

c)

internal failure

d)

external failure

60.

Six Sigma is a popular quality-management

a)

questionnaire

b)

methodology

c)

requirement

d)

technique