Which of the following is not a typical attribute of goods? (a) output can be inventoried ; (b) aspects of quality difficult to measure (c) output can be resold ; (c) production and consumption are separate

Which of the following is not a typical attribute of goods? (a) output can be inventoried ; (b) aspects of quality difficult to measure (c) output can be resold ; (c) production and consumption are separate
by

1 Answer

Answer :

(b) aspects of quality difficult to measure
by

Related questions

Which of the following is not a typical service attribute? (a) intangible product ; (b) customer interaction is high ; (c) simultaneous production and consumption ; (d) difficult to resell

Description : Which of the following is not a typical service attribute? (a) intangible product ; (b) customer interaction is high ; (c) simultaneous production and consumption ; (d) difficult to resell 

Last Answer : (b) customer interaction is high ; 

Typical differences between goods and services do not include (a) cost per unit ; (b) ability to inventory items ; (c) timing of production and consumption (d) knowledge content

Description : Typical differences between goods and services do not include (a) cost per unit ; (b) ability to inventory items ; (c) timing of production and consumption (d) knowledge content

Last Answer : (a) cost per unit ;

Which of the following would explain an adverse variable production overhead efficiency variance? 1. Employees were of a lower skill level than specified in the standard 2. Unexpected idle time resulted from a series of machine breakdown 3. Poor Quality material was difficult to process (a) (1), (2) and (3) (b) (1) and (2) (c) (2) and (3) (d) (1) and (3)

Description : Which of the following would explain an adverse variable production overhead efficiency variance? 1. Employees were of a lower skill level than specified in the standard 2. Unexpected idle time resulted from a series of machine breakdown 3. ... b) (1) and (2) (c) (2) and (3) (d) (1) and (3)

Last Answer : (d) (1) and (3)

6. Budgeted sales of X for March are 18000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for March are budgeted to be 15000 units and closing inventories will be 11,400 units. All inventories of finished goods must have successfully passed the quality control check. The production budget for X for March, in units is:

Description : 6. Budgeted sales of X for March are 18000 units. At the end of the production process for X, 10% of  production units are scrapped as defective. Opening inventories of X for March are ... have successfully  passed the quality control check. The production budget for X for March, in units is:

Last Answer : (d) 16,000

_____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors

Description : _____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors

Last Answer : Critical Success Factors

. If the actual rate of unemployment exceeds to natural rate of unemployment then: A. Actual output of the economy will fall below its potential B. Production will increase more than potential C. Consumption of goods decreases D. Both (a) and (c) above.

Description : . If the actual rate of unemployment exceeds to natural rate of unemployment then: A. Actual output of the economy will fall below its potential B. Production will increase more than potential C. Consumption of goods decreases D. Both (a) and (c) above.

Last Answer : D. Both

If the actual rate of unemployment exceeds to natural rate of unemployment then (a) Actual output of the economy will fall below its potential ; (b) Production will increase more than potential ; (c) Consumption of goods decreases; (d) Both (a) and (c) above.

Description : If the actual rate of unemployment exceeds to natural rate of unemployment then (a) Actual output of the economy will fall below its potential ; (b) Production will increase more than potential ; (c) Consumption of goods decreases; (d) Both (a) and (c) above.

Last Answer : (d) Both (a) and (c) above.

What aspects of illegal trade in pirated goods are the most difficult to solve?

Description : What aspects of illegal trade in pirated goods are the most difficult to solve?

Last Answer : Well think of the pirated movies that are on the internet, this they try to stop it but because the internt is so vast it is impossible to shut them completely because they will just create a new site in a differnt location under a different name slightly and people will locate it.

Which of the following statements is/are correct? 1. A materials requisition note is used to record the issue of direct material to a specific job. 2. A typical job cost will contain actual costs for material, labour and production overheads, and non –production overheads are often added as a percentage of total production cost 3. The job costing method can be applied in costing batches (a) (1) only (b) (1) and (2) only (c) (1) and (3) only (d) (2) and (3) only

Description : Which of the following statements is/are correct? 1. A materials requisition note is used to record the issue of direct material to a specific job. 2. A typical job cost will contain actual costs for material, labour and production ... 1) and (2) only (c) (1) and (3) only (d) (2) and (3) only

Last Answer : (c) (1) and (3) only

Dynamic capabilities refer to: a) the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environmentsb) the link between subsidiary resource and multinational firm's competitive advantage in global markets. c) the firm's dynamic capability to find resources that are valuable, rare, difficult to imitate and can be exploited by the organization. d) the combination of individual technologies and production skills that underlie a company's multiple production lines and critically underpin the firm's competitive advantage.

Description : Dynamic capabilities refer to: a) the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments. b) the link between ... underlie a company's multiple production lines and critically underpin the firm's competitive advantage

Last Answer : the firm's ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments.

A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should the following budgets be prepared? (1) Sales budget (2) Cash budget (3) Production budget (4) Purchase budget (5) Finished goods inventory budget (a) (2), (3), (4), (5), (1) (b) (1), (5), (3), (4), (2) (c) (1), (4), (5), (3), (2) (d) (4), (5), (3), (1), (2)

Description :  A ltd is a manufacturing company that has no production resource limitations for the foreseeable  future. The Managing Director has asked the company mangers to coordinate the preparation of their  budgets for the next financial year. In what order ... 5), (3), (2) (d) (4), (5), (3), (1), (2)

Last Answer : (b) (1), (5), (3), (4), (2)

Calculate value of closing stock from the following: Opening stock of finished goods (500 units) : Rs. 2,000 Cost of production (10000 units) : Rs. 50,000Closing stock (1000 units):? (a) Rs. 4,000 (b) Rs. 4,500 (c) Rs. 5,000 (d) Rs. 6,000

Description : Calculate value of closing stock from the following: Opening stock of finished goods (500 units) : Rs. 2,000 Cost of production (10000 units) : Rs. 50,000Closing stock (1000 units):? (a) Rs. 4,000 (b) Rs. 4,500 (c) Rs. 5,000 (d) Rs. 6,000

Last Answer : (b) Rs. 4,500

When describing Organizational Culture, some Mgt Thinkers use expressions such as ------- “ the way things are around here”. In relation to this statement, which of the following is the most urgent task of Strategists ? A. To build a future based solely on the existing culture B. To investigate the taken-for-granted aspects of the culture C. To make changes in Control Systems so that the culture changes D. To make structural changes so that the culture changes

Description : When describing Organizational Culture, some Mgt Thinkers use expressions such as ------- the way things are around here . In relation to this statement, which of the following is the ... in Control Systems so that the culture changes D. To make structural changes so that the culture changes

Last Answer : To investigate the taken-for-granted aspects of the culture

What is "strategic control"? a) Control over the production process within an organization, in the sense of determining how the employees of an organization perform their work. b) The process by which one entity influences, to varying degrees, the behaviour and output of another entity through informal mechanisms. c) Control over the means and methods on which the whole conduct of an organization depends. d) Control over the production process within an organization, in the sense of determining how informal practices are performed.

Description : What is "strategic control"? a) Control over the production process within an organization, in the sense of determining how the employees of an organization perform their work. b) The ... production process within an organization, in the sense of determining how informal practices are performed.

Last Answer : Control over the means and methods on which the whole conduct of an organization depends.

CG Co manufactures a single product T. Budgeted production output of product T during June is 200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per cent idle time. Labour is paid at a rate of Rs7 per hour. The direct labour cost budget for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Description : CG Co manufactures a single product T. Budgeted production output of product T during June is  200 units. Each unit of product T requires 6 labour hours for completion and CG Co anticipates 20 per  cent idle time. Labour is paid at ... for March is (a) Rs 6,720 (b) 8,400 (c) 10,080 (d) 10,500

Last Answer : (d) 10,500

Which of the following is/are pre-judgement(s) of the „Hawthorne Studies?‟ I. Perceived meaning and importance of the work determine the output. II. Job performance depends on the individual worker. III. Workplace culture sets its own production standards. (a) Only (I) above ; (b) Only (II) above ; (c) Only (III) above ; (d) Both (II) and (III) above

Description : Which of the following is/are pre-judgement(s) of the Hawthorne Studies? I. Perceived meaning and importance of the work determine the output. II. Job performance depends on the individual worker. III. Workplace culture sets ... (II) above ; (c) Only (III) above ; (d) Both (II) and (III) above

Last Answer : (b) Only (II) above ; 

Which of the following is not an attribute of psychological individual difference? (a) Motivation ; (b) Learning ; (c) Personality ; (d) Complexion

Description : Which of the following is not an attribute of psychological individual difference? (a) Motivation ; (b) Learning ; (c) Personality ; (d) Complexion

Last Answer : ; (d) Complexion

The fundamental difference between cycles and seasonality is the (a) duration of the repeating patterns ; (b) magnitude of the variation (c) ability to attribute the pattern to a cause ; (d) all of the above

Description : The fundamental difference between cycles and seasonality is the (a) duration of the repeating patterns ; (b) magnitude of the variation (c) ability to attribute the pattern to a cause ; (d) all of the above 

Last Answer : (a) duration of the repeating patterns ;

Define terms: i)Attribute ii) Domain

Description : Define terms: i)Attribute ii) Domain

Last Answer : Domain: All permissible values of attributes are called as a domain.  Attribute: is a property or characteristics of an entity set.

Which of the following is not one of three software product aspects addressed by McCall's software quality factors? (1) Ability to undergo change. (2) Adaptability to new environments. (3) Operational characteristics (4) Production costs and scheduling

Description : Which of the following is not one of three software product aspects addressed by McCall's software quality factors? (1) Ability to undergo change. (2) Adaptability to new environments. (3) Operational characteristics (4) Production costs and scheduling

Last Answer : Answer: 4

Horizontal integration is concerned with a Production B Quality c. Product planningD. All of the above

Description : Horizontal integration is concerned with a Production B Quality c. Product planning D. All of the above

Last Answer : Production

Walter Shewhart is listed among the important people of operations management because of his contributions to (a) assembly line production ; (b) measuring the productivity in the service sector (c) statistical quality control ; (d) all of the above

Description : Walter Shewhart is listed among the important people of operations management because of his contributions to (a) assembly line production ; (b) measuring the productivity in the service sector (c) statistical quality control ; (d) all of the above

Last Answer : (c) statistical quality control ;

Waste or refuse arising out of manufacturing activity of output exported shall be charged to import duty as _____ if such waste or refuse is cleared for home consumption. A waste or refuse B imported goods C waste or refuse or output D Scrap

Description : Waste or refuse arising out of manufacturing activity of output exported shall be charged to import duty as _____ if such waste or refuse is cleared for home consumption. A waste or refuse B imported goods C waste or refuse or output D Scrap

Last Answer : waste or refuse

Clearing goods for home consumption is one of the ways of _____ removal of goods from warehouse. A proper B waste or refuse C output D Improper

Description : Clearing goods for home consumption is one of the ways of _____ removal of goods from warehouse. A proper B waste or refuse C output D Improper

Last Answer : Ans :proper

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are Capital goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumer goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : b) Goods such as tools, machinery, etc which are used to create final consumer goods

What are consumption goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumption goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Description : What are consumption goods? a) Goods used for consumption in the production process b) Goods such as tools, machinery, etc which are used to create final consumption goods c) Goods and services that are consumed fully when purchased by the consumers d) None of the above

Last Answer : : c) Goods and services that are consumed fully when purchased by the consumers

Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Description : Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Last Answer : (c) Getting greatest satisfaction from available resources 

Industrial products are A)purchased for personal consumption. B)frequently purchased for both their functional aspects and their psychological rewards. C)traditionally classified according to their characteristics and intended uses. D)not purchased by nonbusiness organisations.

Description : Industrial products are A)purchased for personal consumption. B)frequently purchased for both their functional aspects and their psychological rewards. C)traditionally classified according to their characteristics and intended uses. D)not purchased by nonbusiness organisations.

Last Answer : C)traditionally classified according to their characteristics and intended uses.

Energy monitoring and targeting is built on the principle of ― ‖. a)production can be reduced to achieve reduced energy consumption‖ b)Consumption of energy is proportional to production rate‖ c)You cannot manage what you do not measure‖ d)None of the above

Description : Energy monitoring and targeting is built on the principle of ― ‖. a)production can be reduced to achieve reduced energy consumption‖ b)Consumption of energy is proportional to production rate‖ c)You cannot manage what you do not measure‖ d)None of the above

Last Answer : You cannot manage what you do not measure‖

Energy monitoring and targeting is built on the principle of ― _____‖ a) ―production can be reduced to achieve reduced energy consumption‖ b) ―Consumption of energy is proportional to production rate‖ c) ―You cannot manage what you do not measure‖ d) None of the above.

Description : Energy monitoring and targeting is built on the principle of ― _____‖ a) ―production can be reduced to achieve reduced energy consumption‖ b) ―Consumption of energy is proportional to production rate‖ c) ―You cannot manage what you do not measure‖ d) None of the above.

Last Answer : You cannot manage what you do not measure

The typical examples of man-made disasters are a. Chemical explosion b. Leakage of toxic waste c. War and civil strife d. All of the above

Description : The typical examples of man-made disasters are a. Chemical explosion b. Leakage of toxic waste c. War and civil strife d. All of the above

Last Answer : d. All of the above

If there is low formalization, a comprehensive information network and high participation in decisionmaking, one would expect……………. (a) A mechanistic structure ; (b) A typical government organization ; (c) A stable structure (d) An organic structure

Description : If there is low formalization, a comprehensive information network and high participation in decisionmaking, one would expect……………. (a) A mechanistic structure ; (b) A typical government organization ; (c) A stable structure (d) An organic structure

Last Answer : (d) An organic structure 

From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. 50 Re-order quantity at present = 45000 units There is discount of 10% per unit in case of purchase of 45000 units in bulk. (a) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Description : From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10  Carrying cost per unit per annum: = Rs. 10  Purchase price per unit = Rs. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990

Last Answer : (d) Rs. 2,990

Calculate re-order level from the following: Safety stock: 1000 units Consumption per week: 500 units It takes 12 weeks to reach material from the date of ordering. (a) 1000 units (b) 6000 units (c) 3000 units (d) 7000 units

Description : Calculate re-order level from the following: Safety stock: 1000 units Consumption per week: 500 units It takes 12 weeks to reach material from the date of ordering. (a) 1000 units (b) 6000 units (c) 3000 units (d) 7000 units

Last Answer : (d) 7000 units

Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units Ordering cost: Rs. 10 per order Purchase price: Rs. 100 per Carrying cost: 5% (a) 310 (b) 400 (c) 290 (d) 300

Description : Calculate EOQ (approx.) from the following details: Annual Consumption: 24000 units Ordering cost: Rs. 10 per order Purchase price: Rs. 100 per unitCarrying cost: 5% (a) 310 (b) 400 (c) 290 (d) 300

Last Answer : (a) 310

Calculate Re-order level from the following: Consumption per week: 100-200 units Delivery period: 14-28 days (a) 5600 units (b) 800 units (c) 1400 units (d) 200 units

Description : Calculate Re-order level from the following: Consumption per week: 100-200 units Delivery period: 14-28 days (a) 5600 units (b) 800 units (c) 1400 units (d) 200 units

Last Answer : (b) 800 units

1. Re-order level is calculated as: (a) Maximum consumption x Maximum re-order period (b) Minimum consumption x Minimum re-order period (c) 1/2 of (Minimum + Maximum consumption) (d) Maximum level - Minimum level

Description : 1. Re-order level is calculated as: (a) Maximum consumption x Maximum re-order period (b) Minimum consumption x Minimum re-order period (c) 1/2 of (Minimum + Maximum consumption) (d) Maximum level - Minimum level

Last Answer : (a) Maximum consumption x Maximum re-order period

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinof

Description : The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinof

Last Answer : Acquisition

The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Description : The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a…. A. Acquisition B. Consolidation. C. Merger D. Spinoff

Last Answer : Acquisition

Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Description : Production function explains the relationship between - (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Last Answer : (1) initial inputs and ultimate output Explanation: Production function explains the relationship between factor input and output under given technology. It explains as to for increasing the ... . Production function explains the physical relationship between input and output under given technology.

Production function explains the relationship between (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Description : Production function explains the relationship between (1) initial inputs and ultimate output (2) inputs and ultimate consumption (3) output and consumption (4) output and exports

Last Answer : initial inputs and ultimate output

Managing a patients record can be helpful as i) The patients data can be easily shared between the doctors ii) The patients need to pay a heavy charge for maintain the records iii) It may be difficult to search and retrieve the patient’s records. iv) None of these

Description : Managing a patients record can be helpful as i) The patients data can be easily shared between the doctors ii) The patients need to pay a heavy charge for maintain the records iii) It may be difficult to search and retrieve the patient’s records. iv) None of these

Last Answer : i) The patients data can be easily shared between the doctors

New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Description : New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Last Answer : Product differentiation in the industry is low.

Strategy implementation is often considered to be the most difficult stage in the Strategic Management process because it requires personal discipline, commitment and sacrifice

Description : Strategy implementation is often considered to be the most difficult stage in the Strategic Management process because it requires personal discipline, commitment and sacrifice

Last Answer : True

New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Description : New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Last Answer : Product differentiation in the industry is low.

If a resource is ‘inimitable’ a competitor finds it Select one: a. Easy to copy and easy to acquire b. Easy to acquire c. Difficult to copyd. Easy to copy

Description : If a resource is ‘inimitable’ a competitor finds it Select one: a. Easy to copy and easy to acquire b. Easy to acquire c. Difficult to copy d. Easy to copy

Last Answer : Difficult to copy