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BUS 515 Midterm Exam Latest

A midterm exam covering business strategy, ethics, and financial principles.

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BUS 515 MIDTERM EXAM LATESTMultiple Choice Question 29Managing the transformation of inputs into goods and services is:apost industrial era process.a direct contributor to the curved earth syndrome.as old astime.a twenty-first century developed processa design of Frederick Taylor.Multiple Choice Question 24What percentage of total non-farm jobs in the U.S. economy comes from service-producingindustries?20%50%60%80%95%Multiple Choice Question 40Who popularized the moving assembly line?James WattAdam SmithEli WhitneyFrederick W. TaylorHenry FordMultiple Choice Question 69Which of the following concepts is linked theleastwith Henry Ford?Scientific managementMass productionMasscustomizationTechnologyinterchangeable partsMultiple Choice Question 27Which of the following isnotprimarily performed by the operation management function?job design and work measurementadvertising strategy

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location analysisqualitymanagementfacility layoutMultiple Choice Question 13How does Federal Express maintain its ability to compete on time during peak demand periods?it subcontracts overload to other firmsit purchases more planesovertimeit uses a very flexible part-time workforceit purchases more vansMultiple Choice Question 16Order winners and qualifiers:are consistent between manufacturing and service organizationsonly matter when responding to formal competitive bid requestsremain constant over timechange over timeonly apply to quasi-manufacturing firmsMultiple Choice Question 41Vericol, Inc. manufactures drugs using workers and automated machines. The firm has decidedto replace two workers with a new machine, while the output per day is notexpected to change.Which of the following cannot be true?labor productivity will increasemachine productivity will decreaselabor productivity will decreasemultifactor productivity will increasemultifactor productivity will decreaseMultipleChoice Question 37Suppose that a plant has a total productivity measure of 0.85. What can we conclude?the plant is not earning profitsnothingthe plant should lay off workersthe plant is highly automatedthe daily productivity is excellentMultiple Choice Question 19
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Document Details

University
University of Phoenix
Course
BUS 515
Subject
Business Management

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