1) Corporate social responsibility involves managerial decision making that cons
ID: 1110096 • Letter: 1
Question
1) Corporate social responsibility involves managerial decision making that considers what three impacts? A) Environmental, legal, and financial. B) Educational, environmental, and societal C) Environmental, legal, and societal. D) Environmental, societal, and financial. 2) Three of the four types of processes are: A) Goods, services, and hybrids. B) Process focus, repetitive focus, and product focus. C) Concentration focus, periodic focus, and recurring focus. D) Modular, continuous, and technological. 3) Build to order means: A) Create to mass customization. B) Produce to customer forecast C) Produce to customer order D) Set up to customer specifications. 4) When comparing the characteristics of the four types of processes, product focus means: A) High volume, low variety B) High variety, low volume C) High volume, high variety D) Low variety, low volume. 5) When comparing the characteristics of ABC inventory, C inventory items are: A) High volume, low price. B) High volume, high price. C) High price, low volume D) Low price, low volume. 6) Supply Chain Management describes the coordination of all supply chain activities: A) Starting with in-process inventory and ending with distribution of finished goods. B) Starting with a medium-range time horizon and ending with delivery to the end user. C) Starting with raw materials and ending with a satisfied customer D) Starting with a frequent-range time horizon and ending with a satisfied customer. 7) A job shop is an example of a(n): A) Repetitive process B) Continuous process C) Line process process.Explanation / Answer
1. B, Corporates has responsibility towards soicety in sectors like environment , educational and soical and thus earmark some corporate profits towards that
2. B , In marketing processes include the repititive focus, product focus, and process focus
3. C, Bulid to order means to Bulid only when order from customer has been confirmed
4. A,Product focus looks at how a firm can enter a new market at aleast possible cost .
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