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Can You Make It
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Questions in this quiz (20)
1What is production?
- Aa. The selection of inputs for making outputs
- Bb. The process of assembling the factors of production
- Cc. The conversion process that results in time utility
- Dd. The creation of goods and services from economic resources
2Which of the following is an example of production:
- Aa. Reading a new novel
- Bb. Purchasing food items
- Cc. Providing home security
- Dd. Answering your home telephone
3The specific resources used in a company’s production are called
- Aa. inputs
- Bb. consumer goods
- Cc. outputs
- Dd. conversion processes
4In production, the purpose of the conversion process is to
- Aa. control the costs of production.
- Bb. find markets for the firm’s products.
- Cc. turn inputs into products.
- Dd. turn outdated products into new ones.
5What kind of conversion process is being used in an automated assembly line that produces soft drinks?
- Aa. Batch
- Bb. Labor-intensive
- Cc. Unit
- Dd. Capital-intensive
6Which of the following outputs is considered an industrial good:
- Aa. A freezer purchased by a restaurant owner
- Bb. A gallon of milk purchased by a family
- Cc. A textbook purchased by a college student
- Dd. A sewing machine purchased for home use
7One of the benefits of production to consumers is that production
- Aa. makes use of automation.
- Bb. provides a way to earn profits.
- Cc. creates form utility.
- Dd. provides a way to be competitive.
8Why is production important to businesses?
- Aa. It enables businesses to charge high prices.
- Bb. It eliminates competition.
- Cc. It creates goods and services businesses can sell.
- Dd. It informs businesses about consumers’ needs and wants.
9Efficient production enables businesses to
- Aa. charge higher prices than competitors.
- Bb. obtain advance orders for goods and services.
- Cc. make an accurate forecast of sales.
- Dd. turn out the most products at the least cost.
10Which of the following is a true statement about production activities:
- Aa. They vary depending on the product being created.
- Bb. Most are considered difficult tasks.
- Cc. They are not necessary for the success of the business.
- Dd. They rely solely on capital resources.
11Planning the quantities to produce is an important part of production planning because it helps to
- Aa. prevent losses to the business.
- Bb. sequence the steps in production.
- Cc. increase consumer demand for the product.
- Dd. locate the resources needed for the product.
12The production activity used to obtain all the resources needed for production to take place is
- Aa. routing
- Bb. scheduling
- Cc. purchasing
- Dd. dispatching
13An intermittent production process is a method of production in which
- Aa. the process stops and then restarts.
- Bb. robots carry out the repetitive tasks.
- Cc. the process turns out products without stopping.
- Dd. production equipment is controlled by computers.
14What type of production would most likely be used to produce prescription glasses?
- Aa. unit
- Bb. batch
- Cc. mass
- Dd. robotic
15Which of the following is a characteristic of mass production:
- Aa. It is considered inefficient.
- Bb. It often uses assembly lines.
- Cc. It produces one-of-a-kind items.
- Dd. It is primarily used for small quantities.
16Why is routing an important production activity?
- Aa. Routing establishes company standards.
- Bb. Routing issues orders for production to start.
- Cc. Routing establishes a timetable for production.
- Dd. Routing establishes the production path of inputs.
17Employees who are involved in production scheduling are responsible for
- Aa. obtaining the resources needed in production.
- Bb. issuing orders for production activities to begin.
- Cc. establishing the path inputs take through production.
- Dd. estimating how long each step in production will take.
18Which production activity issues work orders telling employees what their job assignments are?
- Aa. routing
- Bb. dispatching
- Cc. scheduling
- Dd. following up
19Which of the following is a follow-up activity in production:
- Aa. Projecting sales for the company’s products
- Bb. Making sure that production deadlines were met
- Cc. Estimating the number of steps in the production process
- Dd. Making sure that production steps follow proper sequence
20Why do many businesses follow up after production to ensure that products meet standards set by outside organizations?
- Aa. To estimate future sales
- Bb. To determine raises for production workers
- Cc. To create dispatches
- Dd. To remain competitive
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- Description
- 12th grade business Quiz on Can You Make It, created by Victoria Hatton on 13/12/2017.
- Author
- Victoria Hatton
- Language
- English
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