Description : Which one is not a factor for make or buy decisions: a)Cost b)Quality c)Labor d)Plant location
Last Answer : d)Plant location
Description : The factor The factors involved in locatio s involved in location decisions include n decisions include a)Foreign exchange b)Attitudes c)Labor productivity d)All of the above e) None of the above
Last Answer : d)All of the above
Description : Communi Community attitudes, zoni es, zoning restrictions, and qua and quality of labor force are l ce are likely to be considered in which of the fo considered in which of the following ... analysis analysis c. center-of-gravity center-of-gravity method d. simulation e. factor rating method
Last Answer : e. factor rating method
Description : Service location decisions typically attempt to a. minimize costs b. consider global consider global implications implications c. decrease decrease labor costs d. be environmentally environmentally friendly friendly e. none of the above
Last Answer : e. none of the above
Description : What is the m What is the major differe ajor difference in focus bet nce in focus between locat ween location decision ion decisions in the service sect s in the service sector and in or and ... minimization d)The focus in manufacturing is on raw materials, while the focus in service is on labour
Last Answer : c)The focus in service is revenue maximization, while the focus in manufacturing is cost minimization
Description : Location decisions Location decisions should consi should consider all der all of the followi he following except ng except a. Product cost b. Access to markets Access to markets c. Access to labour skills d. Local government government tax incentives
Last Answer : a. Product cost
Description : Which of these assumptions is not associated with strategies for goods-producing location decisions? a. most major costs can be identified dentified explicitly explicitly for each site b. focus on ... intangible costs can be evaluated e. location location is a major determinant determinant of cost
Last Answer : c. high customer contact issues are critical
Description : Industri Industrial location analy al location analysis typically has a sis typically has a a)Cost focus b)Revenue focus c)Labor focus d)Environmental focus
Last Answer : d)Environmental focus
Description : Service / retail / professi Service / retail / professional location analy onal location analysis typically has a: sis typically has a: a)Cost focus b)Revenue focus c)Labor focus d)Environmental focus
Description : Which of th rather than a manufacturing firm? of the following is most likely to kely to affect the location deci on decision of a service firm a. energy and utility utility costs b. attitude ... unions c. parking and access d. cost of shipping shipping finished finished goods e. labor costs
Last Answer : c. parking and acces
Description : A location location decision decision for a traditional traditional department department store (Macy's) (Macy's) would tend to have a(n) a. cost focus b. labor focus c. revenue focus d. environmental environmental focus
Last Answer : c. revenue focus
Description : A location location decision decision for an appliance appliance manufacturer manufacturer would tend to have a(an) a. cost focus b. labor focus c. revenue revenue focus d. environmental focus e. education education focus
Last Answer : a. cost focus
Description : This process management initiative reduces material cost and, to a lesser degree, labor costs. a. Concurrent Engineering (CCE)/Six Sigma b. Benchmarking c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)
Last Answer : c. Continuous Product Improvement systems (CPI)
Description : Unemployment that is caused by a mismatch between the composition of the labor force (in terms of skills, occupation, industries, or geographic location) and the make-up of the ... . Real wage unemployment B. Deficient-demand unemployment C. Frictional unemployment D. Structural Unemployment
Last Answer : D. Structural Unemployment
Description : Unemployment that is caused by a mismatch between the composition of the labor force (in terms of skills, occupation, industries, or geographic location) and the make-up of the demand for ... unemployment ; (b) Deficient-demand unemployment ; (c) Frictional unemployment ; (d) Structural Unemployment
Last Answer : (d) Structural Unemployment
Description : The label which allows consumer to compare the energy consumption of similar products and factor lifetime running cost into their purchasing decisions. A. Comparative label. B. Endorsement label. C) Standard label. D) None of the above.
Last Answer : comparative label
Description : Factors Factors affecting affecting location location decisions decisions include include a)Proximity to markets, proximity to suppliers, proximity to athletic facilities b)Site costs, transportation availability, labour ... in college d)Utility costs, zoning, altitude of city e)All of the above
Last Answer : e)All of the above
Description : Traffic counts and demographic analysis of dr s of drawing areas are associated with a. industrial location decisions b. manufacturing location manufacturing location decisions decisions c. service location decisions d. the transportation transportation method
Last Answer : c. service location decisions
Description : All of the following decisions fall within the scope of operations management except for…… (a) financial analysis ; (b) design of products and processes (c) location of facilities ; (d) all of the above fall within the scope of operations management
Last Answer : (a) financial analysis ;
Description : Which of the following is usually not one of the top considerations in choosing a manufacturing location? a. availability availability of labor and labor productivity b. ... attitude attitude of governmental governmental units d. zoning regulations e. entertainment entertainment opportunities
Last Answer : d. zoning regulations
Description : What does not drive length of R&D project? a. The product's automation level on the Production line. b. The amount of money You are willing to spend on it. c. The number of R&D projects underway ... of the product's new location to an existing product in your company's line. e. The labor strike.
Last Answer : The labor strike.
Description : An approach to location anal on analysis that include includes both qualitative and quantitative considerations is a. locational cost-volume b. factor rating c. transportation model d. assignment assignment method e. make or buy analysis
Last Answer : b. factor rating
Description : __________ involves giving frontline employees the authority and responsibility to make marketing decisions without seeking the approval of a supervisor. A)Benchmarking B)Internal marketing C)Total quality management D)Empowerment
Last Answer : D)Empowerment
Description : Which of the following statements is correct? a. The fair presentation of audited financial statements in accordance with applicable financial reporting framework is an implicit part of the auditor's ... those who provide audit and tax services, also provide consulting services to their clients.
Last Answer : Most CPAs, including those who provide audit and tax services, also provide consulting services to their clients.
Description : In performing a financial statement audit, which of the following would an auditor least likely consider? a. Internal control. b. Compliance with GAAP. c. Fairness of the financial statement amounts. d. Quality of management’s business decisions.
Last Answer : Quality of management’s business decisions.
Description : Last month, Jennifer‟s department experienced constructive conflict during a meeting. Which of the following is not an outcome of this functional conflict? (a) improved quality of decisions ; (b) creativity and innovation are stimulated (c) tensions are released ; (d) communication is retarded
Last Answer : (d) communication is retarded
Description : Conflict is constructive when: (a) it improves the quality of decisions. ; (b) it stimulates creativity and innovation. (c) it fosters an environment of self-evaluation and change. ; (d) all of the above
Last Answer : (d) all of the above
Description : Quality management system of a organization based on which pillars a) Test plans, Test conditions & decisions b) Quality processes, Guidelines and standards & Formats and templates c) Quality police, objectives and manuals
Last Answer : Ans : b
Description : Inspection Inspection is concerned concerned with a. Standards of quality b. Labor & energy Labor & energy c. Routing Routing & Scheduling Scheduling d. Modular Modular design & customization
Last Answer : a. Standards of quality
Description : Investing in Quality Function Deployment Effort can a. reduce labor and administrative costs. b. increase demand and reduce labor costs. c. reduce R&D cycle time and increase demand. d. reduce R&D cycle time and enhance the effectiveness of the promo and sales Budgets. e. increase demand.
Last Answer : d. reduce R&D cycle time and enhance the effectiveness of the promo and sales Budgets.
Description : Quality Initiative Training can a. increase demand. b. decrease R&D cycle time. c. decrease material costs. d. decrease labor costs. e. decrease administrative costs.
Last Answer : d. decrease labor costs.
Description : The TQM initiative reduces material costs and labor costs. a. Concurrent Engineering (CCE)/Six Sigma b. Benchmarking c. Continuous Product Improvement systems (CPI) d. Channel Support systems e. Quality Initiative Training (QIT)
Last Answer : a. Concurrent Engineering (CCE)/Six Sigma
Description : This process management initiative reduces labor costs. a. Benchmarking b. Vendor/Just-in-Time Inventory (JIT) c. Channel Support systems d. Quality Initiative Training (QIT)
Last Answer : d. Quality Initiative Training (QIT)
Description : Budgeting money to Quality initiative will lead to these outcomes except: a. decrease R&D time. b. increase Demand. c. increase Labor Costs. d. increase efficiency. e. produce administrative savings.
Last Answer : c. increase Labor Costs.
Description : Which of the following is least likely considered a financial statement audit risk factor? a. Management operating and financing decisions are dominated by top management. b. A new client with no ... entity's industry is rapid d. Profitability of the entity relative to its industry is inconsistent.
Last Answer : Management operating and financing decisions are dominated by top management.
Description : Which of the following statements about social responsibility is FALSE? Social responsibility : A)can be viewed as a contract with society B)is a company's obligation to maximise its positive ... on society C)is a vital factor in marketing strategy decisions D)relates to individual decisions.
Last Answer : D)relates to individual decisions.
Description : Which of the following is NOT a major factor for firms making price decisions? A)Costs B)Competition C)Past sales D)Channel member expectations E)Legal and regulatory issues
Last Answer : C)Past sales
Description : Which of the following was a major factor in Europeans starting to rely on Africans rather than indigenous Americans for labor on plantations?
Last Answer : African laborers often had more experience with agriculture thanAmerican indigenous peoples.
Description : Why is labor an active factor of production?
Last Answer : it can be increased or decreased based upon demand
Description : What is A factor in the choice of labor used in the American colonies was that?
Last Answer : Need answer
Description : Was a major factor in Europeans starting to rely on Africans rather than indigenous Americans for labor on plantations?
Last Answer : The africans were more skilled in agriculture than the indigenous peoples
Description : Why labor is different from other factor of production?
Last Answer : Yes because of the human factor.
Description : Why is the least cost' known as decision making factor for ideal location of an industry ? -SST 10th
Last Answer : 'Least cost' is the decision making factor in a location for the industry because if the profit has to be maximum, the cost has to be minimum.
Description : Why is the ‘least cost’ known as decision making factor for ideal location of an industry? -SST 10th
Last Answer : Manufacturing activity tends to locate at the most appropriate place where all the factors of industrial locations are either available or can be arranged at a lower cost.
Description : Evaluating lo ting location alternatives by c ves by comparing the ing their composite (weighted-averag -average) scores involves involves a. factor rating analysis b. cost- ... transportation model analysis analysis d. linear regression regression analysis e. crossover crossover analysis
Last Answer : a. factor rating analysis
Description : While selecting the location of an intake for collecting surface water, the factor considered, is (A) The intake point should be near as far as possible to the treatment plant (B) The intake point should ... (C) The intake point in meandering rivers should be on concave banks (D) All the above
Last Answer : (D) All the above
Description : What ratio of labor costs vs. material cost vs. profit does a roofing company make in an insurance claim?
Last Answer : Roofers have really high workers comp rates. Often they are more than 100% of their labor costs. Liability insurance for roofers is also very high. You can probably triple the payroll just for insurances, then there’s taxes and social security. It’s not just $15 per hour plus materials.
Description : Which of the following is true regarding NPV? A. NPV assumes reinvestment at the cost of capital. B. NPV decisions should be made based on the highest value for all the selections. C. NPV assumes reinvestment at the prevailing rate. D. NPV assumes reinvestment at the NPV rate.
Last Answer : A. NPV assumes reinvestment at the cost of capital.
Description : Opportunity cost helps in: A. Ascertainment of cost B. Controlling cost C. Making managerial decisions D. Fixing selling price
Last Answer : C. Making managerial decisions
Description : Which region Of the United States is most associated with educated workers unionized labor and high land cost?
Last Answer : The northeast