WorksheetsEng Mgmt revision
Total questions: 17
Worksheet time: 11mins
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
(a)
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
(a) 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?
(a)
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?
(a)
What are the elements in a business plan?
(a)
What is traditional view of marketing concept?
It is about placing the product before the customer
Persuading potential customers to buy the product or service
To generate awareness
All of the answers.
What is the total value of a customer to a business resulting from transactions throughout the relationship between the business and the customer?
(a)
What is marketing mix?
(a)
Which of the following aspects is financial analysis normally used to investigate? (Multiple answers)
Accountability
Stability
Strategy
Solvency
Performance
Here's a balance sheet. Calculate the acid test.
Fixed Assets
Equipment at cost $10,000, Depreciation to date $8,000
Current Assets
Inventory at $64,000, Debtors at $60,000 and Cash in bank at $7000
Current Liabilities
Creditors at $10,000
(a)
Which of the following best characterizes the property of liquidity?
The value of an asset
The importance of an asset to meet financial objectives
The ease with which an asset can be converted into cash
The financial reserves of an organisation
