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Chapter 8 Notes - Test 2

Lindsay Deems 57 questions

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Questions in this quiz (57)

  1. 1All the activities required to produce goods and services
    1. Amass production
    2. BOperations management
    3. Creshoring
  2. 2A situation in which the U.S. manufacturers bring manufacturing jobs back to the United States
    1. AReshoring
    2. Boperations management
    3. Csynthetic process
  3. 3a manufacturing process that lowers the cost required to produce a large number of identical or similar products over a long period of time.
    1. Asynthetic process
    2. Banalytical process
    3. Cmass production
  4. 4A process in perations management in which raw materials are broken into different component parts
    1. AMass production
    2. Bsynthetic process
    3. Canalytical process
  5. 5A process in operations management in which raw materials or components are combined to create a finished product
    1. Asynthetic process
    2. Banalytical process
    3. Cmass production
  6. 6The ability of a good or service to satisfy a human need
    1. Aform utility
    2. Butility
    3. Cservice economy
  7. 7Utility created by people converting raw materials, finances, and information into finished products
    1. Aform utility
    2. Butility
    3. Cmass production
  8. 8An economy in which more effort is devoted to the production of services than to the production of goods.
    1. Areform utility
    2. Bservice economy
    3. Cresearch and development
  9. 9A set of activities itended to identify new ideas that have the potential to result in new goods and services
    1. AResearch and development (R&D)
    2. Bdesign planning
    3. Cproduct line
  10. 10The development of a plan for converting an idea into an actual product or service
    1. Aproduct line
    2. Bdesign planning
    3. Cutility

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Description
Business Principles Quiz on Chapter 8 Notes - Test 2, created by Lindsay Deems on 05/11/2016.
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