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Business Midterm Questions




Which initially successful web-based home delivery company had to shut down in 2001 due to inadequate management of its operations?;Time;;;;What outsourcing functions does UPS provide for clients? accounting and inventories;inventories and deliveries;accounting and deliveries;accounting and maintenance;deliveries and maintenance;A company with a low customer contact that is capital intensive is called: a farm;manufacturing;quasi-manufacturing;service;industrial era operations management;Decisions regarding which of the following are not part of the production process infrastructure? organization of workers;facilities;worker pay;quality control measures;management policies;Technology should be acquired because: the new technology is fun;the new technology keeps the employees happy;the new technology doesn?t cost very much;the new technology always improves productivity;the new technology supports the company?s chosen competitive priorities;Which of the following is a valid type of ?productivity measure?? multi-output productivity measure;partial productivity measure;multi-part productivity measure;multi-component productivity measure;imperfect productivity measure;When making competitive priority decisions the firm: must select the correct supply chain;must ensure the PWP is correctly established;must focus on the one competitive priority at the exclusion of all others;must make trade-off decisions;must isolate the competing internal departmentsIn break-even analysis, in order to make a profit the company must;sell at a loss;sell above the break-even point;sell on consignment;sell below the break-even point;sell at the break-even point;In break-even analysis, what is the break-even point?;the quantity where variable cost equals fixed cost;the quantity where revenue equals fixed cost;the quantity where revenue equals total cost;the quantity where revenue equals variable cost;the quantity beyond which the firm starts to lose money;Pre-fabricated furniture with choices of fabric colors is an example of which product and service strategy?;assemble-to-order;make-to-order;make-to-package;assemble-to-deliver;make-to-stock;What technique is based on computing the quantity of goods a company needs to sell to just cover its costs?;internal rate of return;break-even analysis;activity based costing;variable costing;net present value;Which of the following is a ?buyer-side,? typically industry-specific solution? automated order entry systems;electronic data interchange;electronic storefronts;net marketplaces;advertising revenue model;What type of warehouse is used for short-term storage, consolidation, and product mixing? Customized;Strategic;General;Distribution;Tactical;In general, what comprises the bulk of the cost of goods sold? Overhead;Materials;Electricity;Depreciation;Labor;The Malcolm Baldrige Award criteria category that includes the use of tools such as market surveys and focus groups is Leadership;Strategic planning;Customer and market focus;Business results;Information and analysis;The Malcolm Baldrige Award criteria category that includes commitment by top management is Leadership;Strategic planning;Process management;Business results;Information and analysis;Quality planning, employee training in quality measurement, and cost of maintaining records of information and data related to quality are __________ costs. Internal failure;External failure;Appraisal;Prevention;Replacement


Paper#24594 | Written in 18-Jul-2015

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