Shared Flashcard Set

Details

Principles of Business - Objective 2.03
Business Operations Review Questions
50
Business
Not Applicable
04/06/2011

Additional Business Flashcards

 


 

Cards

Term
Pepsi uses water collected from mineral springs in Colorado to produce their bottled water. What kind of product describes the water used to produce the bottled water?
a. Natural Resources
b. Agricultural Products
c. Processed Goods
d. Human Resources
Definition
Natural Resources
Term
Outback Steakhouse orders beef from a cattle farmer in Kansas City, Missouri. What kind of product describes the beef that Outback Steakhouse serves in their restaurants?
a. Natural Resources
b. Agricultural Products
c. Processed Goods
d. Human Resources
Definition
Agricultural Products
Term
Cecilia is the owner of a local bakery. She uses whole wheat flour in her popular banana muffin recipe. What kind of product describes the flour that Cecilia uses in her recipe?
a. Natural Resources
b. Agricultural Products
c. Processed Goods
d. Human Resources
Definition
Processed Goods
Term
John Archibald grows oranges in his Florida orchard. He sells the oranges to wholesale groceries in his area. What form of production is used to harvest the oranges?
a. Processing
b. Manufacturing
c. Extraction and cultivation
d. Mass production
Definition
Extraction and Cultivation
Term
The Lincoln Logging Company cuts down trees and forms the timber into logs that are used to build cabins. What form of production does the Lincoln Logging Company use to transform raw timber into usable cabin logs?
a. Processing
b. Manufacturing
c. Extraction and cultivation
d. Mass production
Definition
Processing
Term
Bob Vila is known for producing high quality furniture. He has a vast collection of tools and materials that he uses to produce his popular furniture. What form of production does Bob use to produce his popular furniture?
a. Processing
b. Manufacturing
c. Extraction and cultivation
d. Mass production
Definition
Manufacturing
Term
Marie Calendar is a company that produces frozen meals. The company is able to produced 3,000 chicken pot pies per hour at their main manufacturing facility in Florence, South Carolina. Which manufacturing process is Marie Calendar using to produce their pot pies?
a. Processing
b. Manufacturing
c. Extraction and cultivation
d. Mass production
Definition
Mass Production
Term
Gasoline is the product of refining oil that has been extracted from the earth. What manufacturing process is used to convert the oil into gasoline?
a. Materials processing
b. Custom manufacturing
c. Extraction and cultivation
d. Production process
Definition
Materials Processing
Term
Quaker Mill harvests corn and uses a special grinding machine to produce cattle feed for local farmers. Which material processing method is the mill using to produce the cattle feed?
a. Custom manufacturing
b. Intermittent processing
c. Mass production
d. Continuous processing
Definition
Continuous Processing
Term
Taylor Printing Company produces business cards and stationary for various businesses and organizations. The company uses different printer settings for each customer’s order. Which material processing method is used to produce each customer’s order?
a. Custom manufacturing
b. Intermittent processing
c. Mass production
d. Continuous processing
Definition
Intermittent Processing
Term
The John A. Roebling’s Sons Co. produced the cable specifically for the Golden Gate Bridge located in San Francisco. Which type of manufacturing procedure was performed?
a. Custom manufacturing
b. Extraction
c. Mass production
d. Materials processing
Definition
Custom Manufacturing
Term
Edison Mining Company is large coal mining company in West Virginia. The company produces over $1.2 billion in coal each year. What type of business is the Edison Mining Company?
a. Production
b. Extraction
c. Farm
d. Manufacturing
Definition
Extraction
Term
Jacob Lesser has 240 cows at his dairy production facility in Wisconsin. He sells the milk collected from the cows to a local company that uses the milk to make cheese. What type of business is the local cheese company?
a. Production
b. Extraction
c. Farm
d. Manufacturing
Definition
Manufacturing
Term
Jacob Lesser has 240 cows at his dairy production facility in Wisconsin. He sells the milk collected from the cows to a local company that uses the milk to make cheese. What type of business does Jacob operate from his dairy production facility in Wisconsin?
a. Production
b. Extraction
c. Farm
d. Manufacturing
Definition
Farm
Term
Intel is a company that develops processors that are used to operate computers. Most major computer companies, such as DELL and APPLE, purchase processors from Intel to install in their computer products. What type of business is Intel?
a. Production
b. Extraction
c. Farm
d. Manufacturing
Definition
Production
Term
Companies often hire scientists and engineers to study various products in order to improve existing products or develop new products. Which aspect of production development provides companies with the information needed to produce new products?
a. Product Design
b. Product Research
c. Product Revision
d. Product Promotion
Definition
Product Research
Term
Companies often hire engineers to create models and test prototypes to come up with the best possible product before going into production. Which aspect of production development allows companies to test potential products before producing them?
a. Product Design
b. Product Research
c. Product Revision
d. Product Promotion
Definition
Product Design
Term
Which of the following is NOT a part of the production process?
a. Activities
b. Equipment
c. Resources
d. Inventory
Definition
Inventory
Term
Before producing Windows 7, the Microsoft design team studied Windows XP in order to improve the design and performance of their new product. Which type of research is the Microsoft design team conducting?
a. Pure research
b. Product research
c. Applied research
d. Design research
Definition
Applied Research
Term
A major pharmaceutical company hires scientists to research diseases. The scientists use their research to help the company produce new medicines that will treat and cure the diseases. Which type of research is the pharmaceutical company conducting?
a. Pure research
b. Product research
c. Applied research
d. Design research
Definition
Pure Research
Term
What production activity must be addressed once a company develops and tests a new product idea and concludes that it can sell the product at a profit?
a. Product development
b. Product research
c. Production planning
d. Inventory management
Definition
Production Planning
Term
Lowes Home Improvement ordered a new machine that will cut glass and tile in the hardware department. Ordering new equipment for the hardware department addresses which aspect of production planning?
a. Processing
b. Resources
c. Personnel
d. Inventory
Definition
Resources
Term
Skilled employees are needed to produce a new product. A company must employee enough workers to handle all production activities. Maintaining a skilled workforce addresses which production planning activity
a. Processing
b. Resources
c. Personnel
d. Inventory
Definition
Personnel
Term
Warren is responsible for ordering more supplies when the supply of a particular product gets low. This ensures that the company never runs out of supplies. Which production activity is Warren responsible for?
a. Inventory management
b. Product development
c. Production planning
d. Product research
Definition
Inventory Management
Term
Cordell is the owner of a local book store. He maintains a detailed record of the books that he has available in his store. What is Cordell managing by maintaining a detailed record of his books?
a. Activities
b. Equipment
c. Resources
d. Inventory
Definition
Inventory
Term
Companies continuously strive to improve the quality of production. Which term describes the process that companies follow to improve the quality of production?
a. Continuous Production Improvement
b. Continuous Process Improvement
c. Continuous Production Inventory
d. Continuous Process Inventory
Definition
Continuous Process Improvement
Term
Companies establish standards based on the best practices of their competitors. What term describes the competition’s best practices?
a. Goals
b. Benchmarks
c. Ambitions
d. Expectations
Definition
Benchmarks
Term
Which aspect of manufacturing is affected by the type of product and production process used to produce a good?
a. Organization of work areas
b. Manufacturing improvements
c. Manufacturing developments
d. Production planning
Definition
Organization of Work Areas
Term
Companies are continuously developing ways to manufacture high quality products in less time and with lower costs. Which aspect of manufacturing is affected by faster production and lower costs?
a. Production planning
b. Organization of work areas
c. Manufacturing developments
d. Manufacturing improvements
Definition
Manufacturing Improvements
Term
Which of the following statements regarding Continuous Process Improvements is FALSE?
a. CPI is designed to help a company improve the quality of work.
b. CPI should involve everyone linked to the work processes.
c. CPI eliminates all errors, inefficiencies, and waste.
d. CPI establishes performance standards.
Definition
CPI eliminates all errors, inefficiencies, and waste.
Term
Brandon is a custodian at a local elementary school. Maintaining the appearance of the school is an important aspect of which business operation?
a. Security and Safety
b. Logistics
c. Facilities management
d. Scheduling
Definition
Facilities Management
Term
Wallace works for a reptile supply store. He is responsible for organizing and storing all of the supplies that are sold at the store. Which business operation is Wallace responsible for?
a. Security and Safety
b. Logistics
c. Facilities management
d. Scheduling
Definition
Logistics
Term
UPS is an international shipping company. The company requires all employees to watch a video that demonstrates the appropriate technique for lifting and moving packages of various sizes. Requiring employees to watch a video that may reduce the possibility of injuries is an example of which business operation?
a. Security and Safety
b. Logistics
c. Facilities management
d. Scheduling
Definition
Security and Safety
Term
Jason is the owner of a small restaurant in Chicago. He does not have a lot of storage space at his current location, so he has arranged for his produce to be delivery daily. This allows Jason to use the produce immediately instead of storing it. This logistics process is called:
a. Just-In-Time Logistics
b. Daily Logistics
c. Immediate Delivery Logistics
d. On-Site Logistics
Definition
Just-In-Time Logistics
Term
Katie is the human resources manager for a major clothing store. She is responsible for determining when and where all of her employees will work. Which business operation is Katie responsible for?
a. Security and Safety
b. Logistics
c. Facilities management
d. Scheduling
Definition
Scheduling
Term
NIKE recently shipped 35,000 boxes of t-shirts from their manufacturing facility in Oregon to a storage facility in New Jersey. Which business operation is NIKE managing by monitoring the shipment and storage of finished goods?
a. Security and Safety
b. Logistics
c. Facilities management
d. Scheduling
Definition
Logistics
Term
Energy costs are rapidly increasing. In order to conserve energy, a local assembly company has installed automated lighting; which automatically turns off the lights in the entire building when the building is closed. Conserving energy is an example of which business operation?
a. Facilities management
b. Logistics
c. Safety and Security
d. Scheduling
Definition
Facilities Management
Term
Pizza Hut ordered a new shipment of pepperoni. The shipping company told them that the pepperoni would be delivered in three business days. Ensuring that your business has the supplies needed to satisfy customers is an example of which business operation?
a. Facilities management
b. Logistics
c. Safety and Security
d. Scheduling
Definition
Scheduling
Term
Best Buy has experienced an increase in shoplifting over the last six months. The company has decided to install new surveillance equipment in every store in order to reduce the losses suffered from shoplifting. Installing new surveillance equipment is an example of which business operation?
a. Facilities management
b. Logistics
c. Security and Safety
d. Scheduling
Definition
Security and Safety
Term
What kind of management uses technology to access and exchange information to complete the work of an organization?
a. Informatics management
b. Employee management
c. Monetary management
d. Information management
Definition
Information Management
Term
Which of the following is NOT a goal of information management?
a. To collect, organize, and securely maintain all needed information.
b. To provide access to information required to perform work and make decisions.
c. To allow unauthorized users to access confidential information.
d. To use technology to improve communication and information sharing.
Definition
To allow unauthorized users to access confidential information.
Term
Elisabeth is the manager of a major marketing firm. Her firm was recently hired to develop a sales promotion for Hollister. She organizes her team of employees and develops the sales promotion for Hollister. Which management tool is Elisabeth using to develop the sales promotion?
a. Operational plan
b. Procedural plan
c. Scheduling plan
d. Logistics plan
Definition
Operational Plan
Term
Angelina is the owner of a catering company. She was recently hired to cater a wedding. Before purchasing the supplies that she will need to complete the catering job, she calculates how much money she has available in the company account for supplies. Which management tool has Angelina used to determine the amount of available money?
a. Logistics budget
b. Supply budget
c. Operating budget
d. Standard budget
Definition
Operating Budget
Term
UNIQUE autosports is customizing a car for a famous basketball player. In order to finish the job before the deadline, the team develops a plan that will allow them to complete the car within the allotted time. Which management tool is the UNIQUE team using in order to finish the job on time?
a. Operational plan
b. Standard
c. Schedule
d. Logistics
Definition
Schedule
Term
A chemical explosion forced all company employees to evacuate the building. All of the employees were evacuated safely because the company had an evacuation plan in case an emergency ever occurred in the workplace. Which management tool provided the employees with a list of steps for evacuating the building safely?
a. Budget
b. Schedule
c. Standard
d. Procedure
Definition
Procedure
Term
GKN is a company that assembles drive shafts for Toyota. The company recently establishes a quality control department to ensure that the quality of their products remain high. Which management tool is GKN using to ensure the production of high quality products?
a. Budget
b. Schedule
c. Standard
d. Procedure
Definition
Standard
Term
GKN and AW assemble parts for several automobile manufacturers. Both companies use software that allows them to share production and shipping information. GKN and AW are using what kind of management software?
a. Shipping software
b. Tracking software
c. Collaboration software
d. Supply chain management software
Definition
Supply chain management software
Term
Verizon Wireless recently opened a new office in Paris. The offices in America and Paris have installed software that allows them to communicate with one another using voice, text, and video capabilities. Verizon Wireless is using what kind of management software?
a. Shipping software
b. Tracking software
c. Collaboration software
d. Supply chain management software
Definition
Collaboration software
Term
Which of the following is NOT a benefit of using technology to manage business operations?
a. Technology increases accuracy of production
b. Technology increases efficiency of management
c. Technology increases consumption of time
d. Technology increases business communication
Definition
Technology increases consumption of time
Term
Toshiba has recently begun production of LCD televisions. The research and development department collects production data from their competitors before establishing standards for their company. What term explains analyzing the production data from competing companies?
a. Benchmarks
b. Goals
c. Standards
d. Expectations
Definition
Benchmarks
Supporting users have an ad free experience!