Y10 Business Studies - C18 Production of Goods and Services

Y10 Business Studies - C18 Production of Goods and Services

9th - 12th Grade

14 Qs

quiz-placeholder

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Y10 Business Studies - C18 Production of Goods and Services

Y10 Business Studies - C18 Production of Goods and Services

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Leong Chee Onn

Used 2+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of production?

To reduce the number of employees

To increase employee salaries

To eliminate all costs

To convert inputs into saleable goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is productivity a measure of?

The total sales of a company

The quality of raw materials

The efficiency of input used in production

The number of employees in a business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of increasing productivity?

Reduce average cost

Improve efficiency

Increase employee turnover

Enhance competitiveness

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do businesses hold inventories?

To eliminate all waste

To reduce production costs

To increase employee satisfaction

To meet customer demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Lean production aimed at?

Maximizing employee output

Minimizing waste of resources

Reducing customer complaints

Increasing inventory levels

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Just-in-time (JIT) production focus on?

Maximizing employee hours

Increasing production speed

Holding large inventories

Minimizing inventory holding costs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Kaizen mean?

Mass production

Cost reduction

High inventory

Continuous improvement

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