Ans: D, LO: 4, Bloom: K, Difficulty: Easy, AACSB: None
Solution: Machine productivity=50,000/30000=1.667
53. Telco Inc., a manufacturing firm, is
... [Show More] calculating its monthly productivity report. From
the following raw data calculate the multifactor productivity.
Labor rate $20
Machine rate $15
Units produced 50,000
Labor hours 4,000
Machine hours 2,000
Cost of materials $20,000
Cost of energy $5,000
a. 0.370
b. 0.625
c. 1.500
d. 1.667
Ans: A, LO: 4, Bloom: K, Difficulty: Easy, AACSB: None
Multi-factor productivity=50,000/135,000=0.370
54. Snacknow, a food service firm, is calculating its monthly productivity report. From
the following raw data calculate the labor productivity.
Labor rate $10
Units produced 10,000
Labor hours 1,000
Cost of materials $2000
Cost of energy $500
a. 0.220
b. 0.476
c. 0.800
d. 1.000
Ans: D, LO: 4, Bloom: K, Difficulty: Easy, AACSB: None
Solution: Labor productivity=10,000/10,000=1.000
55. Snacknow, a food service firm, is calculating its monthly productivity report. From
the following data calculate the energy productivity.
Labor rate $10
Units produced 10,000
Labor hours 1,000
Cost of materials $2000
Cost of energy $500
a. 0.220
b. 2
c. 10
d. 20
Ans: D, LO: 4, Bloom: K, Difficulty: Easy, AACSB: None
Energy productivity=10,000/500=20
56. Snacknow, a food service firm, is calculating its monthly productivity report. From
the following data calculate the multifactor productivity.
Labor rate $20
Units produced 10,000
Labor hours 1,000
Cost of materials $2000
Cost of energy $500
a. 0.220
b. 0.476
c. 0.800
d. 1.000
Ans: C, LO: 4, Bloom: K, Difficulty: Easy, AACSB: None
Multi-factor productivity=10,000/12,500=0.800
57. _____________ is how the mission of a firm is accomplished.
a. Strategy
b. Design
c. An operational decision
d. None of these answer choices is correct.
Ans: A, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
58. _____________ represents what the firm is in the business of doing.
a. Primary task
b. Core competency
c. Positioning
d. Deploying
Ans: A, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
59. _____________ is what the firm does better than anyone else.
a. Primary task
b. Core competency
c. Positioning
d. Deploying
Ans: B, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
60. _____________ are the characteristics of a product that qualify it to be considered for
purchase by a customer.
a. Order winners
b. Order qualifiers
c. Core competency
d. Positioning
Ans: B, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
61. _____________ is the characteristic of a product that wins the order in the
marketplace.
a. Order winners
b. Order qualifiers
c. Core competency
d. Positioning
Ans: A, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
62. _________________is what the firm does better than anyone else.
a. Order qualifiers
b. Core competency
c. Positioning
d. Deploying
Ans: B, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None
63. ______________ focus(es) the organization on common goals that can be translated
into measurable objectives.
a. Order winners
b. Core competency
c. Positioning
d. Deploying the strategy
Ans: D, LO: 5, Bloom: K, Difficulty: Easy, AACSB: None [Show Less]