comm 225 practice quiz

Topics: Productivity, Strategic management, Productivity model Pages: 22 (1820 words) Published: September 20, 2014
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Based on a hierarchical model of strategic planning, what is the correct sequence for developing different elements of a strategic plan? Select one:
a. Mission/vision > goals > organizational strategy > functional strategies > tactics b. Organizational strategy > functional strategies > mission/vision > goals > tactics c. Goals > mission/vision > organizational strategy > functional strategies > tactics d. Tactics > goals > mission/vision > organizational strategy > functional strategies Feedback

Correct
Marks for this submission: 1.00/1.00.
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Based on the following data, what has the rate of labour productivity growth been in periods 2 and 3?

Period

Output (units)

Labour-hours

1

120

725

2

140

760

3

150

776
Select one:
a. 16.7% and 7.1%
b. 11.3% and 16.8%
c. 11.3% and 4.9%
d. 4.8% and 2.1%
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Determine the multifactor productivity measure for the combination of labour, energy, and material using the following data:

Output: 5400 units

Inputs:

Labour

100 hours @ $25 per hour

Energy

2200 kW-hrs @ $0.15 per kW-hr

Material $1,490
Select one:
a. 0.70 dollars per unit
b. 0.80 dollars per unit
c. 1.25 units per dollar
d. 1.42 units per dollar
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
Question text
If inputs decrease while output remains constant, what will happen to productivity? Select one:
a. It will increase.
b. It will decrease.
c. It will remain the same.
d. It is impossible to tell.
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 5
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Product or service criteria that customers perceive as minimum standards of acceptability to be considered for purchase describes _____________. Select one:
a. differentiation
b. order qualifiers
c. quality
d. value
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 6
Correct
Mark 1.00 out of 1.00
Flag question
Question text
What term is used to describe customers evaluation of a product or service based on multiple purchase criteria (e.g. quality, timeliness and location) relative to price? Select one:
a. differentiation
b. quality
c. variety
d. value
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 7
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following is not considered one of the strategic decision categories that objectives and action plans need to be established for in developing an operations strategy? Select one:
a. Vertical integration
b. Debt equity ratio
c. Vendor (supplier) relations
d. Operations infrastructure and systems
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 8
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Characteristics that customers perceive as minimum standards of acceptability are called: Select one:
a. Distinctive competencies
b. Order winners
c. Minimum attributes
d. Core competencies
e. Order qualifiers
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 9
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Canvalves Company produces cast bronze valves on an assembly line. It currently produces 800 valves each 8-hour shift. If the production is increased to 1,200 valves each shift, the productivity increases by: Select one:

a. 50%
b. 33%
c. none of the choices are correct
d. 67%
e. 25%
Feedback
Correct
Marks for this submission: 1.00/1.00.
Question 10
Correct
Mark 1.00 out of 1.00
Flag question
Question text
In an assembly...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Quiz 1 Practice Items Essay
  • Quiz Essay
  • Practice Quiz 12 1 Essay
  • Quiz Essay
  • Final Quiz Practice Essay
  • Essay about Accounting Quiz Practice
  • Practice Quiz 2 Essay
  • Quiz on Principles and Practices of Management Essay

Become a StudyMode Member

Sign Up - It's Free