Which of the following best represents the 45. Which of the following is an exam

Question

Which of the following best represents the 45. Which of the following is an example of upward communication in an organization? (A) A suggestion box (B) An instructional manual for assembling sells an item from its inventory and that item's original cost? (A) Gross profit B) Operating income (C) Net income D) Income from continuing operations (C) Memos exchanged between two brand managerS D) A marketing employee's sales pitch to a customer 1Which of the following describes how operations ers best solve a job-shop layout problem? managers (A) The managers move material to the limited 46. The business manager of a minor league baseball team in a rural area notices that Monday games are sparsely attended. Offering special ticket prices to Monday games for residents of adjoining counties results in increased sales. The manager is responding to which of the following service storage areas around each work area. (B) The managers put workers with similar skills close to one another C) The managers balance low-cost storage with low-cost material handling. (D) The managers maximize the product of (A) Intangibility (B) Inconsistency (C) Perishability (D) Lack of credibility distance times the number of trips. 42. The effectiveness of a strategic decision can best be measured by which of the following? 47. Sara Sushi's app, which is installed on mobile (A) The initial acceptance by all members of the (B) The achievement of consensus on the policy (C) Rapid assimilation of the strategic message (D) The extent to which strategic objectives are company by key stakeholders by first-level employees achieved devices, notifies customers when they are within half a mile of the restaurant, displays the special offering of the day, lists the user's social media contacts who are in the restaurant, and offers a 10 percent discount for purchases in the next hour. The strategy employed in the app is an example of which of the following? (A) Ad serving (B) Mass marketing (C) SoLoMo marketing (D) Public relations 43. Which of the following is the most commorn reason that an entrepreneurial start-up in the United States fails? (A) Entrepreneur's personality (B) Inferior product or service (C) Undercapitalized business (D) Delegation of authority to employees 48. Which of the following about striking workers in an economic strike is true? (A) Striking workers can lose their jobs (B) Striking workers can lose their jobs to (C) Striking workers are compensated by the (D) Striking workers are known as "yellow dog ntl 44. Studies have confirmed that which of the following statements about achieving quality in goods or services is true? replacement workers only temporarily employer as if they were working. workers under the National Labor (A) Achieving quality is the result of postproduction activity the good or service. goods or services of the Pareto principle (B) Achieving quality must be integrated into Relations Act. C) Achicking suality i optional in low.cosdt D) Achieving quality requires the application

Explanation / Answer

40. A. Gross profit is correct.

A. Gross profit is difference between company selling an item from inventory and items original cost.

B. operating Income: Operating income is gross profit minus fixed operating expenses and depreciation.

C. Net income: Net income is operating income minus interest, taxes and other expenses.

D. Income from continuing operation: Continuing operations is the net income category in the income statements that accounts for a company’s daily business activities, referring to the tasks required to make a product or service and deliver it to a customer.

Since in question there is no mention of depreciation & taxes option A is correct..

41. b. The manager puts workers with similar skills close to one another.

One of the important characteristics of Job shop layout is grouping of similar skills and functions togethers. Hence option B is correct.

42. D. Extent to which strategic objectives are achieved.

Effectiveness of strategic decision is always measured by objectives achieved by it.

43. C. undercapitalized business.

According to survey of 101 failed start up companies, most common reason for failure is “there is no demand for product in the market”. However there is no option. The second reason for failure is under capitalization. Hence it is correct.

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