Productivity is relative measure and to be meaningful

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Reference no: EM132283520

1. Productivity is a relative measure and to be meaningful it must be?

A. complex B. compared C. simple D. multiplied by % E. single numbers

2. A firm that offers bundles usually makes?

A Less revenue B. higher % profit C. more revenue D. lower % profit E. C&D

3. If total input is 13,000 and total output is 17,000 then productivity is?

A. 0.78 B. 0.86 C. 1.25 D. 1.31 E. 0.92

4. Doing the right things is called

A Efficiency B. value C. A&B D. B&E E. effectiveness

5. A risk mifigation strategy for logistics failure would be

A. dig networks B. service/product income C. insurance D. reduction and standard deviation E. C&D

6. The primary focus of six sigma quality is

A. projected completion B. reduction of average C. reduction of defective parts D reduction of standard deviation E. C&D

7. The criterion used to screen a company's products for purchase is a

A. risk mitagation B. trade-off C. order winner D. order qualifer E. six sigma analysis

8. "Don't automate but obliterate" is associated with

A. C&D B. business reengineering C. project management D. six sigma quality E. inventory analysis

9. is required because an operation cannot always excel simultaneously on an competive dimensions

A. D&E B. trade-offs C. B&D D. straddling E. bundling

10. describe how a firm intends to create and sustain value for its shareholders

A. Project team B. tax reports C. business forecast D. business strategies E. inventory analysis

11. is a very important competitive dimension

A. quality B. cost C. delivery D. A and B E. A,B, and C

12. A strategy should be reviewed/ refined at least

A. every year B. every 10 years C. every month D. every 5 years E. every quarter

Reference no: EM132283520

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