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BUAD 341 Exam 1 Clickers questions with answers

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BUAD 341 Exam 1 Clickers questions with answers

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  • October 1, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BUAD
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BravelRadon
BUAD 341 Exam 1 Clickers

Service organizations provide services and manufacturing organizations make goods

a. true

b. false - correct answer ✔✔a. true



Operations (or production) creates, produces, and delivers the product

a. true

b. false - correct answer ✔✔a. true



Small improvements in operation should not be implemented as they do not give any advantage to
organizations.

a. true

b. false - correct answer ✔✔b. false



Services never include goods and goods never include services

a. true

b. false - correct answer ✔✔a. true



Which of these is NOT characteristic of services?

a. time dependent

b. requires high levels of customer service provider interaction

c. intangible

d. standardized - correct answer ✔✔d. standardized



Services can be stored

a. true

b. false - correct answer ✔✔b. false

, When assessing the quality of a service, customers often look at supporting facilities.

a. true

b. false - correct answer ✔✔a. true



What is the Partial Productivity of Labor for 2018?

( 2018 #, 2019 #)

Sales = $50,000 , $65,000

Labor = $10,000 , $15,000

Raw Materials = $5,000 , $7,000

Energy = $800 , $900

Capital Employed = $10,000 , $12,000



a, $1.94 per $1 input

b. $1.86 per $1 input

c. $5 per $1 input

d. $1.3 per $1 input - correct answer ✔✔c. $5 per $1 input

Output/Input

$50,000 / $10,000 = 5



What is the Partial Productivity of Labor for 2019?

( 2018 #, 2019 #)

Sales = $50,000 , $65,000

Labor = $10,000 , $15,000

Raw Materials = $5,000 , $7,000

Energy = $800 , $900

Capital Employed = $10,000 , $12,000



a, $1.94 per $1 input

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