Question 1

A service economy is one in which more effort is devoted to the production of goods than to the production of services.

Accepted Answer

A) True 
 B)False

Question 2

The television has undergone numerous changes since its introduction.For example, Sony produces basic color televisions and also such innovative electronics as televisions with Blue-Ray players and Internet streaming.This sort of product evolution is referred to as product

Accepted Answer

A)  extension. 
B)  design planning. 
C)  differentiation. 
D)  integration. 
E)  expansion. 
A)  extension. 
B)  design planning. 
C)  differentiation. 
D)  integration. 
E)  expansion.

Question 3

When considering the conversion process, human resources in the form of hair stylists and cosmetologists are the ____ for a beauty salon.

Accepted Answer

A)  Magnitude 
B)  Utility 
C)  Focus 
D)  production process width 
E)  analytic process 
A)  Magnitude 
B)  Utility 
C)  Focus 
D)  production process width 
E)  analytic process

Question 4

____ is the arrangement of machinery, equipment, and personnel within a production facility.

Accepted Answer

A)  Process layout 
B)  Product layout 
C)  Resource design 
D)  Plant layout 
E)  Design planning 
A)  Process layout 
B)  Product layout 
C)  Resource design 
D)  Plant layout 
E)  Design planning

Question 5

Jennifer is a manager in a circuit manufacturing plant.A portion of the production process is extremely tedious and repetitive, and employees tend to become bored and careless when performing this task.What alternative could make this repetitive task quicker and less susceptible to error?

Accepted Answer

A)  Quality circles 
B)  Computer-aided design 
C)  Flexible rotation 
D)  Robotics 
E)  Automated process control 
A)  Quality circles 
B)  Computer-aided design 
C)  Flexible rotation 
D)  Robotics 
E)  Automated process control

A service economy is one in which more effort is devoted to the production of goods than to the production of services.

The television has undergone numerous changes since its introduction.For example, Sony produces basic color televisions and also such innovative electronics as televisions with Blue-Ray players and Internet streaming.This sort of product evolution is referred to as product

When considering the conversion process, human resources in the form of hair stylists and cosmetologists are the ____ for a beauty salon.

____ is the arrangement of machinery, equipment, and personnel within a production facility.

Jennifer is a manager in a circuit manufacturing plant.A portion of the production process is extremely tedious and repetitive, and employees tend to become bored and careless when performing this task.What alternative could make this repetitive task quicker and less susceptible to error?

Introduction to Business

Responsible Business

Global Business

Types of Business Ownership

Small Business, Entrepreneurship, and Franchises

Leadership and Managing a Business

Flexibility Within the Organisation

Recruitment and Retaining the Best Employees

Employee Motivation and Team Building

The Marketing Concept

Aproduct Development and Pricing Strategies

Marketing Channels

Marketing Communications

Social Media and E-Business

Introduction to Management Accounting

Money and the Banking System

Financial Management

Personal Finances and Investments

Filters

Exam 8: Products and Services

A service economy is one in which more effort is devoted to the production of goods than to the production of services.

The television has undergone numerous changes since its introduction.For example, Sony produces basic color televisions and also such innovative electronics as televisions with Blue-Ray players and Internet streaming.This sort of product evolution is referred to as product

When considering the conversion process, human resources in the form of hair stylists and cosmetologists are the ____ for a beauty salon.

____ is the arrangement of machinery, equipment, and personnel within a production facility.

Jennifer is a manager in a circuit manufacturing plant.A portion of the production process is extremely tedious and repetitive, and employees tend to become bored and careless when performing this task.What alternative could make this repetitive task quicker and less susceptible to error?

Introduction to Business

Responsible Business

Global Business

Types of Business Ownership

Small Business, Entrepreneurship, and Franchises

Leadership and Managing a Business

Flexibility Within the Organisation

Recruitment and Retaining the Best Employees

Employee Motivation and Team Building

The Marketing Concept

Aproduct Development and Pricing Strategies

Marketing Channels

Marketing Communications

Social Media and E-Business

Introduction to Management Accounting

Money and the Banking System

Financial Management

Personal Finances and Investments

Filters