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POB Unit 3 and 4

Total questions: 29

Worksheet time: 15mins

Name
Class
Date
1.

In which part of a SMART goal would one track progress towards his / her outcome?

a)

specific

b)

measurable

c)

realistic

d)

timely

2.

Doug is 18 years old and has decided to run for president when he turns 35. He has set which type of goal?

a)

long - term

b)

short - term

c)

unattainable

d)

unrealistic

3.

In the decision - making process, which step occurs AFTER the need is determined?

a)

acting on the decision

b)

considering the choices

c)

gathering the information

d)

making a decision

4.

Several employees are facing the possibility of being laid off from work. By concluding that they should look for new jobs before that happens, they are:

a)

solving problems

b)

doing research

c)

asking questions

d)

gathering information

5.

After an employee collects the necessary facts, what is the next step that an employee should take to solve a problem?

a)

analyze the information

b)

define the problem

c)

act on assumptions

d)

make a decision

6.

Employees who have innovation skills are able to :

a)

socialize effectively

b)

behave aggressively

c)

react to problems

d)

think in new ways

7.

The newly redesigned Toyota Corolla is an example of :

a)

product innovation

b)

process innovation

c)

position innovation

d)

paradigm innovation

8.

An important problem - solving skill for individuals to have is the ability to be :

a)

aggressive

b)

objective

c)

economical

d)

judgemental

9.

Shannon's best friend has been excluding her lately. They were supposed to go shopping together, but her friend called and cancelled. Shannon is upset about it. This an example of which type of problem?

a)

peer

b)

work

c)

school

d)

professional

10.

Which is an internal factor that might influence a business owner's decision making?

a)

opinions of others

b)

competitors' activities

c)

comfort with risk

d)

market share

11.

Which type of innovation occurs when the new product is released to the public?

a)

paradigm

b)

position

c)

product

d)

process

12.

When Delores is finding solutions for obstacles at her job, she is:

a)

decision - making

b)

inventing

c)

innovating

d)

problem - solving

13.

A paradigm innovation occurs when :

a)

major shifts in thinking cause change

b)

processes are being improved to generate benefits

c)

the product is. marketed in a different way

d)

there are improvements on the product

14.

One way a business can reduce the risk of accidents in the workplace is by providing its employees with:

a)

safety training

b)

electronic data interchange (EDI)

c)

supply manuals

d)

weight-loss programs

15.

The primary reason that governments develop workplace health and saftey regulations is to:

a)

protect employees from injury and illness

b)

reduce the risk of employment discrimination

c)

ensure that employees have access to insurance

d)

prevent the breach of business information system

16.

Trey compares the prices offered by different vendors for the same goods and services. Witch part of the purchasing process is Trey involved in?

a)

price fixing

b)

bid analysis

c)

invoice payment

d)

receipt of goods

17.

Mark who owns a small home-appliance, is in the process of an order of 12 refrigerators, 8 stoves, and 4 portable dishwashers. Mark is purchasing the refrigerators for $674.98 each, the stoves for $493.22 each, and the portable dishwashers for $284.38 each. What is the total cost of the stoves mark is purchasing?

a)

$493.22

b)

$3,947.76

c)

$2.278.64

d)

$5,399.84

18.

Witch question should be answered by the purchasing function?

a)

How can we inform customers of available merchandise?

b)

How much merchandise should we by?

c)

How will merchandise be shipped to us?

d)

How can we protect merchandise from pilferage?

19.

The first step in maintaining an inventory of supplies for the business is to:

a)

conduct research to find vendors that sell the supplies

b)

develop a list of supplies that the business needs

c)

compare prices among vendors.

d)

organize a space to store the supplies

20.

By purchasing just the quantity of supplies that is needed, purchasing can:

a)

plan the company's cash flow

b)

provide an uninterrupted flow of supplies

c)

buy supplies at the lowest possible price

d)

minimize inventory investments

21.

Maintaining an inventory of supplies helps a business to:

a)

establish sales goals

b)

operate efficiency

c)

locate vendors

d)

evaluate processes

22.

some business use an automatic reorder system to maintain an adequete:

a)

budget for expenses

b)

work environment

c)

inventory of supplies

d)

maintenance systems

23.

Primetime incorporated is a retailer of sporting gear. it sells 500 pairs of specific Nike sneakers each day. Nike, the supplier, takes a week (7 days) to deliver the order. For what quantity should the inventory manager place his/her next order?

a)

72 units

b)

350 units

c)

3000 units

d)

3500 units

24.

What is one of the most important components of the production process?

a)

new technology

b)

goods and services

c)

human recourses

d)

inputs and outputs

25.

What production activity evaluates products to make sure that the products the business produces meet the certain quality standard

a)

form utility

b)

automation

c)

follow-up

d)

standardization

26.

Witch is an example of short-term objective

a)

becoming president of a large corporation

b)

paying of twenty-five-year mortgage

c)

finishing a six-week computer software service.

d)

becoming fluent in a foreign language

27.

Witch is a benefit of putting ones goals in writing?

a)

makes the goal attainable

b)

develops one perseverance

c)

clarifies the goals

d)

provides a change

28.

Witch process turn economic recourses into goods and services?

a)

distribution

b)

marketing

c)

promotion

d)

production

29.

jessie is designing a new style of bracelet to ell at school to raise money for FBLA. She has sold so many that she has assigned other members

a)

planning

b)

purchasing

c)

production

d)

dispatch