Question 1

What is telecommuting and what are its disadvantages?

Accepted Answer

Telecommuting is the use of modern communication media, such as telephones, fax machines, computers, modems and fax/modems, and scanners, to work from an office, home, or any location.
The disadvantage of telecommuting is that stress increases as the workplace and home become one. One stress comes from remote locations lacking DSL service or even efficient shipping carriers.

Question 2

Candy bars, milk, and bread are examples of _____ goods.

Accepted Answer

A)  convenience 
B)  shopping 
C)  specialty 
D)  premium 
A)  convenience 
B)  shopping 
C)  specialty 
D)  premium A

Question 3

Starting a small service business out of the owner's home is not economical.

Accepted Answer

A) True 
 B)False  False

Question 4

In the context of small businesses, _____ usually involves making or processing materials into finished goods.

Accepted Answer

A)  manufacturing 
B)  resourcing 
C)  prospecting 
D)  merchandising 
A)  manufacturing 
B)  resourcing 
C)  prospecting 
D)  merchandising

Question 5

In the context of operating systems for small businesses, what are processes?

Accepted Answer

A)  They involve converting inputs into goods the customers want, using the employees, machines, materials, and other factors. 
B)  They are the products produced and the satisfactions to employees and the public. 
C)  They consist of the goods and services required by the customers. 
D)  They include all the activities from obtaining raw materials through delivering the product to the customers. 
A)  They involve converting inputs into goods the customers want, using the employees, machines, materials, and other factors. 
B)  They are the products produced and the satisfactions to employees and the public. 
C)  They consist of the goods and services required by the customers. 
D)  They include all the activities from obtaining raw materials through delivering the product to the customers.

Question 6

In the context of small firms, operating systems in different businesses are dissimilar.

Accepted Answer

A) True 
 B)False

Question 7

In the context of small businesses, moving manufacturing plants off shore usually results in higher operating costs.

Accepted Answer

A) True 
 B)False

Question 8

Kiosks are an inexpensive way of setting up a small business.

Accepted Answer

A) True 
 B)False

Question 9

In the context of small businesses, what is the difference between a product layout and a process layout?

Accepted Answer

In a product layout, facilities are arra

Question 10

Which of the following is an example of a shopping good?

Accepted Answer

A)  Cigarette 
B)  Detergent 
C)  Milk 
D)  Automobile 
A)  Cigarette 
B)  Detergent 
C)  Milk 
D)  Automobile

Question 11

Important factors in choosing a manufacturing location are nearness to customers and vendors, and availability and cost of transportation.

Accepted Answer

A) True 
 B)False

Question 12

____ goods are are usually high-priced goods with trade names that are recognized for the exclusive nature of their clientele.

Accepted Answer

A)  Convenience 
B)  Shopping 
C)  Specialty 
D)  Seasonal 
A)  Convenience 
B)  Shopping 
C)  Specialty 
D)  Seasonal

Question 13

What is the difference between a convenience goods store and a shopping goods store?

Accepted Answer

Convenience goods are usually low-priced

Question 14

A disadvantage of locating a small business in a shopping center is the possibility of policy changes due to change in the center's owners.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is the output in the restaurant business?

Accepted Answer

A)  Menu display 
B)  Food 
C)  Order 
D)  Happy customer 
A)  Menu display 
B)  Food 
C)  Order 
D)  Happy customer

Question 16

An operating system consists of inputs, processes, and outputs of a small business.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is a characteristic of shopping centers in the United States?

Accepted Answer

A)  They attract business-oriented activities, as government and head offices of large firms. 
B)  They target customers for specific seasons or events. 
C)  They are designed to draw traffic according to the planned nature of the stores to be included in them. 
D)  They stock only low-priced items that are purchased often and lend themselves to self-service. 
A)  They attract business-oriented activities, as government and head offices of large firms. 
B)  They target customers for specific seasons or events. 
C)  They are designed to draw traffic according to the planned nature of the stores to be included in them. 
D)  They stock only low-priced items that are purchased often and lend themselves to self-service.

Question 18

Why are shopping centers so popular?

Accepted Answer

Shopping centers are designed to draw tr

Question 19

Producers place primary emphasis on cost and service when deciding the location of the business.

Accepted Answer

A) True 
 B)False

Question 20

Convenience goods stores are interested in a high flow of customer traffic.

Accepted Answer

A) True 
 B)False

What is telecommuting and what are its disadvantages?

Candy bars, milk, and bread are examples of _____ goods.

Starting a small service business out of the owner's home is not economical.

In the context of small businesses, _____ usually involves making or processing materials into finished goods.

In the context of operating systems for small businesses, what are processes?

In the context of small firms, operating systems in different businesses are dissimilar.

In the context of small businesses, moving manufacturing plants off shore usually results in higher operating costs.

Kiosks are an inexpensive way of setting up a small business.

In the context of small businesses, what is the difference between a product layout and a process layout?

Which of the following is an example of a shopping good?

Important factors in choosing a manufacturing location are nearness to customers and vendors, and availability and cost of transportation.

____ goods are are usually high-priced goods with trade names that are recognized for the exclusive nature of their clientele.

What is the difference between a convenience goods store and a shopping goods store?

A disadvantage of locating a small business in a shopping center is the possibility of policy changes due to change in the center's owners.

Which of the following is the output in the restaurant business?

An operating system consists of inputs, processes, and outputs of a small business.

Which of the following is a characteristic of shopping centers in the United States?

Why are shopping centers so popular?

Producers place primary emphasis on cost and service when deciding the location of the business.

Convenience goods stores are interested in a high flow of customer traffic.

Starting Your Small Business

Family-Owned Businesses

Forms of Ownership of Small Businesses

Maintaining Good Government Relations and Business Ethics

Becoming the Owner of a Small Business

Planning, Organizing, and Managing a Small Business

How to Obtain the Right Financing for Your Business

Developing Marketing Strategies

Promoting and Distributing

How to Obtain and Manage Human Resources and Diversity in Small Companies

How to Maintain Relationships With Your Employees and Their Representatives

Purchasing, Inventory, and Quality Control

Basic Financial Planning

Budgeting and Controlling Operations and Taxes

Using Computer Technology in Small Businesses

Risk Management, Insurance, and Crime Prevention

Filters

Exam 12: Obtaining and Laying Out Operating Facilities

What is telecommuting and what are its disadvantages?

Candy bars, milk, and bread are examples of _____ goods.

Starting a small service business out of the owner's home is not economical.

In the context of small businesses, _____ usually involves making or processing materials into finished goods.

In the context of operating systems for small businesses, what are processes?

In the context of small firms, operating systems in different businesses are dissimilar.

In the context of small businesses, moving manufacturing plants off shore usually results in higher operating costs.

Kiosks are an inexpensive way of setting up a small business.

In the context of small businesses, what is the difference between a product layout and a process layout?

Which of the following is an example of a shopping good?

Important factors in choosing a manufacturing location are nearness to customers and vendors, and availability and cost of transportation.

____ goods are are usually high-priced goods with trade names that are recognized for the exclusive nature of their clientele.

What is the difference between a convenience goods store and a shopping goods store?

A disadvantage of locating a small business in a shopping center is the possibility of policy changes due to change in the center's owners.

Which of the following is the output in the restaurant business?

An operating system consists of inputs, processes, and outputs of a small business.

Which of the following is a characteristic of shopping centers in the United States?

Why are shopping centers so popular?

Producers place primary emphasis on cost and service when deciding the location of the business.

Convenience goods stores are interested in a high flow of customer traffic.

Starting Your Small Business

Family-Owned Businesses

Forms of Ownership of Small Businesses

Maintaining Good Government Relations and Business Ethics

Becoming the Owner of a Small Business

Planning, Organizing, and Managing a Small Business

How to Obtain the Right Financing for Your Business

Developing Marketing Strategies

Promoting and Distributing

How to Obtain and Manage Human Resources and Diversity in Small Companies

How to Maintain Relationships With Your Employees and Their Representatives

Purchasing, Inventory, and Quality Control

Basic Financial Planning

Budgeting and Controlling Operations and Taxes

Using Computer Technology in Small Businesses

Risk Management, Insurance, and Crime Prevention

Filters