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Management Unit IV Assessment
Management Unit IV Assessment
Question 1
The production function of a company can perform its activities in a way that is consistent with high product quality, which leads to __________ and __________.
| inconsistencies; higher costs | ||
| product differentiation; lower costs | ||
| product differentiation; higher costs | ||
| happy employees; more mistakes | ||
| disgruntled employees; better sales |
Question 2
The development of a set of functional-level strategies to increase the performance of the operating system a company uses to transform inputs into finished goods and services is known as:
| research and development. | ||
| utilizing new technology. | ||
| value chain management. | ||
| materials management. | ||
| efficiency management. |
Question 3
The way in which machines, robots, and people are grouped together affects how ___________ they can be.
| futuristic | ||
| productive | ||
| complex | ||
| high-tech |
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