What can you say about the importance of Production Management to the standard of living?

Production management conducts continuous research and development (R&D), so they produce new and better varieties of products.

Production management creates utility

Production management generates many different job opportunities, both directly and indirectly

Production management improves the quality of the products

What can you say about the importance of Production Management a nation's employment rate?

Production management generates many different job opportunities, both directly and indirectly

Production management conducts continuous research and development (R&D), so they produce new and better varieties of products.

Production management creates utility

Production management improves the quality of the products

What can you say about the importance of Production Management to status and growth of a company

Production management allows a company to expand and trailblaze a spread effect on other industries

Production management creates utility for a company

Production management generates many different job opportunities, both directly and indirectly

Production management improves the quality of the products of a company

What can you say about the importance of Production Management to quality and cost?

Production management allows large-scale of production to bring down the cost of production

Production management creates utility

Production management generates many different job opportunities, both directly and indirectly

Production management improves the quality of the products

How would you describe Production control as a function of the Production Process?

This is the stage where production manager ensures that the production is carried according to the plan.

This is the phase where management conducts training and employing for the workforce.

This is the phase where marketing department needs to study and evaluate the consumer's needs.

This is the stage where the production manager decides the routing and scheduling.

How would you describe Production planning as a function of the Production Process?

This is the stage where the production manager decides the routing and scheduling

This is the phase where management conducts training and employing for the workforce

This is the phase where marketing department needs to study and evaluate the consumer's needs.

This is the stage where production manager ensures that the production is carried according to the plan.

How can one describe the Spread Effect of Production

Because of production, sectors involved in the process of creation also expands

Because of production, a trickle down to will happen to a Management? singular sector

Because of production, consumers will buy the same line of products

Because of production, the large-scale of production brings down the cost

What would happen if there is no Operations Management?

It can lead low productivity on both individual and to the company or business

The control and managing of goods, person and services will be handled effectively

The management can easily analyze and eliminate the things that do not value to the business

The Service delivery can be easily accessed

How does production management aide in the improvement of human living?

Production management conducts continuous research and development (R&D)

Production management creates direct employment in the production area, and indirect employment is generated in the supporting areas

Production management expands to many sectors

Production management improves quality of productions

How does production management aide in the generation of jobs in the job market?

Production management creates direct employment in the production area, and indirect employment is generated in the supporting areas

Production management conducts continuous research and development (R&D)

Production management expands to many sectors

Production management improves quality of productions

How would you explain "Influencing" as Management Function?

Influencing pertains to the management's role in guiding the activities of organization members in the direction that helps the organization move towards the fulfilment of the goals

Influencing pertains to the management's role in addressing the organization's duties

Influencing pertains to the management's role in measuring the organization's performance

Influencing pertains to the management's role in setting benchmarks for the orgazanization

How would you explain "Controlling" as Management

Controlling pertains to the management's role in measuring the organization's performance

Controlling pertains to the management's role in addressing Function? the organization's duties.

Controlling pertains to the management's role in guiding the activities of organization members in the direction that helps the organization move towards the fulfilment of the goals.

Controlling pertains to the management's role in studying mechanism that put plans into action

Why do you think money is important in Operation of Business?

Because this is needed to for the day-to-day operations and requirements of the business

Because it is needed for remedial action

Because most of the industries needed money for construction of business

Because this will make sure that objectives are achieved given an allocated resource

Production management ensures optimum utilization of resources and effective production of goods and services. What would result if this aspect of production is prioritized and practices as a priority

This leads to speedy economic growth and wellbeing of the nation

Production also creates time utility, as goods are available whenever consumers need it

This spread effect will offers more job opportunities and boosts economy

Which of the following best describes budgeting?

It is the documentation of how the overall plan will be executed month to month and that typically includes estimates of revenue and expenses and expected cash flow and debt reduction

It aims at helping management teams anticipate results based on past information

It is the outline of the company's financial direction and the model of expectations for the next three to five years

It is use of accumulated historical data and market conditions to predict financial outcomes for future months or years

If Mr. Driz, invested P100,000 cash to his business, what will happen to his Asset?

It will either Increase/Decrease

Which is the best description of income?

It is the commission an agent gets when he sold a condominium unit

It is the wage an owner paid to his employees

It is water bills the owner pays on a monthly basis

It is the supplies expense that company incur to produce a product

What will be written in the debit and credit column if the transaction is Paid Rent of Dental Clinic worth 5.250?

Debit Rent Expense, 5,250, Credit cosh 5,250

Debit Cash 5,250, Credit Rent Expense 5.250

Debit Dental Clinic 5.250. Credit Cash 5.250

Debit Rent Payable 5,250, Credit Rent Expense 5,250

Which of the following would happen if salary of P100.000 would be given to each employees?

Asset-Decrease, Liabilities-No change, Owners Equity-Decrease

Asset-Increase, Liabilities-Decrease, Owners Equity-Increase

Asset-Increase. Liabilites-Increase, Owners Equity-No change

Asset-No Change, Liabilities-No Change, Owners Equity-Increase

What is the organization's first way when configuring employee pay?

Compensation can be ted to the level of responsibility that the employee has

compensation can be competency based

Organizations can pay people according to their output

Organizations can pay people according to their length of service, their demonstrated loyalty, and the level of trust and confidence

How would you differentiate strategic hr from operational hr

It focuses on the management and orientation of instutional direction and changes

It focuses on administrative systems that would allow for better management

It focuses on the management of people and their transformation

It focuses on the management and mobilization of people

How would you validate an applicants Psychological Profile during the recruitment process?

By Psychological Test, EQ Test, interviews and behavioral

By verifying resume with previous employers

By in depth interviews and essay questions on life plans

By Proficiency and Skills Testing, demonstration of skills, competencies and talents observations

What examples can you find that demonstrate the importance of keeping records?

Good records can increase the likelihood of business success

Good records prepare inaccurate financial statements

Good records reroute the sources of your income

Good records vindicates not playing taxes

What examples can you find that demonstrate the importance of a business plan

A business plan is essential because it serves as the blueprint of the business one is planning to venture into

business plan is essential because it describes your business concept

A business plan is essential because it determines the strengths and weaknesses of the competitors within your market

A business plan is essential because it talks about distribution plans and promotion strategy and tactics that will allow you to fulfill your plans

ENTREP Q4

Quiz

•

Education

•

12th Grade

•

Practice Problem

•

Easy

Yshie Miralpes

Used 2+ times

FREE Resource

Method

Money (Dapat MATERIAL)

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ENTREP Q4

50 questions

What is defined as the process and method used to transformed tangible and intangible inputs into goods or services

What production objective is based upon the customer needs, in which it is determined by the cost of the product and the technical characteristics as suited to the specific requirements?

What is defined as a 6M of Operations Management that pertains to the art of doing where there is a set of procedures and instructions

What is defined as a 6M of Operations Management that pertains to the ideal number of people and their positions needed to accomplish the operation

What is defined as the basic tools to produce goods or to generate services

Also identified as Funds, what is this 6M of Operation is a management requirement needed to meet day to day transactions?

A basic ingredient in Management be it in service industry or product, what is this 6M of Operations that impacts quantity and quality of goods and services depending on a Entrepreneurs access?

Often performed by a "manager," what is this that involves setting objectives and targets for different aspects of the organization?

How would you recognize the whole series of activities that create and build at every step?

What can you say about the importance of Production Management to the standard of living?

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