Test1
1. to win leading positions on input of new kinds of production, using on researches and workings out certain percent of profit
1. Finance subsystem
2. Innovations
3. Production subsystem
4. Conversion
5. Transformation
2. to provide the conditions necessary for development of creative potential of workers and increase of their level and interest in work
1. Finance subsystem
2. Innovations
3. Production subsystem
4. The personnel
5. Transformation
3. to define critical areas of administrative influence and the priority problems providing reception of planned results
1. Finance subsystem
2. Innovations
3. Production subsystem
4. The personnel
5. Management
4. means close interrelation of all parts of enterprise which is supplemented with presence of factory services
1. The technological unity
2. The organizational-economic unity
3. Economic independence
4. The personnel
5. Management
5. organization of production on a commercial basis
1. The technological unity
2. The organizational-economic unity
3. Economic independence
4. The personnel
5. Management
6. provides a self-sufficiency by real and working capital, independent sale of production, financial report
1. The technological unity
2. The organizational-economic unity
3. Economic independence
4. The personnel
5. Management
7. the cost of direct labor, direct materials, and manufacturing overhead that are consumed to create a product
1. costs of production
2. Product cost
3. Labor cost
4. Material cost
5. Manufacturing cost
8. production or services labor that is assigned to a specific product, cost center, or work order
1. costs of production
2. Direct labor
3. Labor cost
4. Material cost
5. Manufacturing cost
9. machine operators, assembly line operators, painters, and so forth
1. costs of production
2. Direct labor
3. Labor cost
4. Material cost
5. Manufacturing cost
10. the wages of the person cutting wood into the specified lengths and the wages of the assemblers are _______ costs in a furniture factory
1. costs of production
2. Direct labor
3. Labor cost
4. Material cost
5. Manufacturing cost
11. Factory overhead is also described as
1. indirect manufacturing costs
2. direct manufacturing costs
3. manufacturing costs
4. indirect costs
5. direct costs
12. all other costs incurred in the manufacturing activity which cannot be directly traced to physical units in an economically feasible way
1. direct manufacturing costs
2. manufacturing costs
3. indirect costs
4. Factory overhead
5. direct costs
13. the cost of materials used to manufacture a product or provide a service
1. direct manufacturing costs
2. manufacturing costs
3. indirect costs Direct material cost
4. Factory overhead
5. Direct material cost
14. the cost of wood is _______ in the manufacture of wooden furniture
1. a direct material
2. Direct labor
3. Labor cost
4. Material cost
5. Manufacturing cost
15. (Total direct labor + Total direct materials + Total allocated overhead) / Total number of units
1. Product unit cost
2. costs of production
3. Labor cost
4. Material cost
5. Manufacturing cost
16. if the product has not yet been sold, product cost can be recorded as an
1. inventory asset
2. Asset
3. Account receivable
4. Account payable
5. Marketable securities
17. costs that are traceable to the creation of a product and include costs for materials and labor whereas
1. indirect costs
2. Direct costs
3. Product unit cost
4. costs of production
5. Labor cost
18. costs refer to those costs that cannot be traced to the product such as overhead
1. Labor cost
2. indirect costs
3. Direct costs
4. Product unit cost
5. costs of production
19. Businesses that manufacture products must determine how to calculate their
1. Labor cost
2. indirect costs
3. Direct costs
4. Product costs
5. costs of production
20. $91,200,000 total manufacturing costs; 120,000 units production output; product cost per unit=?
1. $760
2. $607
3. $706
4. $670
5. $766
21. In actual practice, manufacturers calculate their product costs
1. yearly
2. quarterly
3. monthly
4. monthly or quarterly
5. daily
22. Total costs/total product
1. Average cost
2. Marginal cost
3. Fixed cost
4. Variable cost
5. Product cost
23. Delta total cost/delta total product
1. Average cost
2. Marginal cost
3. Fixed cost
4. Variable cost
5. Total cost
24. Cost which does not depend on output
1. Average cost
2. Marginal cost
3. Fixed cost
4. Variable cost
5. Total cost
25. Cost which depends on output
1. Average cost
2. Marginal cost
3. Fixed cost
4. Variable cost
5. Total cost
26. Q*p=
1. Output
2. Price per nit
3. price
4. Revenue
5. Total product
27. Ability to generate new ideas, Innovate, take risks
1. Capital
2. Labor
3. Financial capital
4. Entrepreneurship
5. Land
28. economic applications of inventions
1. discoveries
2. Innovation
3. Production
4. marketing
5. sales
29. the process and outcome of creating something new, which is also of value
1. discoveries
2. Innovation
3. Production
4. marketing
5. sales
30. Schumpeter argued that innovation does not come about through new combinations made by an entrepreneur, resulting in
1. A new product
2. A new process
3. Opening of new market
4. New sources of supply
5. invention
31. the shifting of value-creating forces
1. value migration
2. value
3. migration
4. customers' priorities
5. outmoded business models
32. production is used for one off products or prototypes
1. Batch production
2. Job production
3. Just-in-Time Production
4. Flow Production
5. Lean Production
33. production occurs when many similar items are produced together
1. Batch production
2. Job production
3. Flow Production
4. Just-in-Time Production
5. Lean Production
34. the production of large amounts of standardized products, including and especially on assembly lines
1. Batch production
2. Job production
3. Flow Production
4. Just-in-Time Production
5. Lean Production
35. product that conforms to specifications resulting from the same or equivalent technical requirements
1. standardized product
2. Specified product
3. technical product
4. good
5. service
36. a manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster than with handcrafting-type methods
1. An assembly line
2. Batch production
3. Job production
4. Just-in-Time Production
5. Lean Production
37. The assembly line developed by
1. Ford Motor Company
2. Ferrary
3. Mersedess
4. Chrysler
5. Peugeot
38. the first to master the moving assembly line and was able to improve other aspects of industry by doing so
1. Henry Ford
2. Rockefeller
3. Schumpeter
4. Druker
39. a method of production widely used by Japanese companies
1. An assembly line
2. Batch production
3. Job production
4. Just-in-Time Production
5. Lean Production
40. _______encourages the workers at all points of the production process to monitor quality control
1. TQM
2. An assembly line
3. Batch production
4. Job production
5. Just-in-Time Production
41. when machines are used, but people are still needed to operate them
1. Mechanization
2. Automation
3. Craft production
4. Manual production
5. Handcraft production
42. when machines are programmed to carry out tasks
1. Mechanization
2. Automation
3. Craft production
4. Manual production
5. Handcraft production
43. is when computers are used to design products
1. Mechanization
2. Computer Aided Design
3. Craft production
4. Manual production
5. Handcraft production
44. when production machinery is controlled by computers
1. Computer Aided Manufacture
2. Mechanization
3. Computer Aided Design
4. Craft production
5. Manual production
45. where a whole factory is controlled by a computer
1. Computer Aided Manufacture
2. Mechanization
3. Computer Aided Design
4. Craft production
5. Manual production
46. The term "_____" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work
1. Business
2. Organization
3. Government
4. Household
5. Entrepreneurship
47. an organization engaged in the production and trade of goods, services, or both to consumers
1. Business
2. Organization
3. Government
4. Household
5. Entrepreneurship
48. a business owned by one person for-profit
1. Sole proprietorship
2. Proprietorship
3. Partnership
4. Corporation
5. Enterprise
49. a business owned by two or more people
1. Sole proprietorship
2. Proprietorship
3. Partnership
4. Corporation
5. Enterprise
50. business that has a separate legal personality from its members
1. Sole proprietorship
2. Proprietorship
3. Partnership
4. Corporation
5. Enterprise
51. The efficient and effective operations of a business
1. management
2. financial management
3. marketing management
4. human resource management
5. strategic management
52. the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals
1. Marketing
2. management
3. financial management
4. human resource management
5. strategic management
53. the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
1. Marketing
2. marketing management
3. financial management
4. human resource management
5. strategic management
54. Benefit / Cost
1. Value
2. Surplus value
3. Benefit
4. Monetary Cost
5. Cost
55. Functional Benefit + Emotional Benefit
1. Value
2. Surplus value
3. Benefit
4. Monetary Cost
5. Cost
56. Monetary Cost + Time Cost + Energy Cost + Psychic Cost
1. Value
2. Surplus value
3. Benefit
4. Monetary Cost
5. Cost
57. management is concerned with how we will create value for the customer
1. Strategic marketing management
2. Marketing
3. marketing management
4. financial management
5. human resource management
58. the managerial process of creating and maintaining a fit between the organization’s objectives and resources and the evolving market opportunities
1. Strategic marketing management
2. Marketing
3. marketing management
4. financial management
5. Strategic Planning
59. Internal Sources if financing enterprise does not involve:
1. Private funds
2. Profits
3. Depreciation
4. Credits of banks
5. Own funds
60......the act of creating output, a goods or service which has value and contributes to the utility of individuals is:
1. Production
2. Exchange
3. Trade
4. Consumption
5. Distribution
Test2
61. Capital is a recourse of long term usage with the purpose of production a big number of goods and services
1. The U.S. economists
2. Joseph Shumpeter
3. Peter Drucker
4. Nowadays economists
5. Adam Smith
62. an accounting methodology which allows an organization to spread the cost of a fixed asset over the expected useful life of that asset is:
1. Depreciation
2. Depreciation cost
3. Depreciation account
4. Depreciable items
5. a market value
63. ____ is not considered a depreciable item as it does not wear out or become obsolete:
1. building
2. capital
3. land
4. mashines
1. equipment
64. Method calculates depreciation by spreading the cost evenly over the life of the fixed asset is:
2. The straight line method
3. Accelerated depreciation methods
4. Double declining balance calculate depreciation cost.
5. Declining balance calculate depreciation cost.
6. Salvage value method
65. Calculating depreciation by expensing a large part of the cost at the beginning of the life of the fixed asset is not:
1. The straight line method
2. Accelerated depreciation methods
3. Double declining balance calculate depreciation cost.
4. Declining balance calculate depreciation cost.
5. The declining balance depreciation method
66. Method used the depreciable basis of an asset multiplied by a factor based on the life of the asset is not:
1. The straight line method
2. Accelerated depreciation methods
3. Double declining balance calculate depreciation cost.
4. Declining balance calculate depreciation cost.
5. The declining balance depreciation method
67. the book value of the fixed asset - cost less accumulated depreciation is:
1. Depreciation Calculation
2. Depreciable Basis
3. Depreciation Expense
4. Accumulated Depreciation
5. Factor
68. the percentage of the asset that would be depreciated each year under straight line depreciation times the accelerator is:
1. Depreciation Calculation
2. Depreciable Basis
3. Depreciation Expense
4. Accumulated Depreciation
5. Factor
69. a common measure of a company's liquidity, efficiency, and overall health is:
1. fixed capital
2. real capital
3. working capital
4. capital
5. financial capital
70. Working capital does not include:
1. Cash
2. Inventory
3. Accounts receivable
4. Accounts payable
5. equity
71. The collection of unsold products waiting to be sold. Inventory is listed as a current asset on a company's balance sheet is:
1. Cash
2. Inventory
3. Accounts receivable
4. Accounts payable
5. equity
72. amounts owed by customers for goods and services a company allowed the customer to purchase on credit is:
1. Cash
2. Inventory
3. Accounts receivable
4. Accounts payable
5. Equity
73. amounts owed by customers for goods and services a company allowed the customer to purchase on credit are:
1. Inventory
2. Accounts receivable
3. Accounts payable
4. equity
5. cash
74. amounts owed to suppliers and other creditors for goods and services bought on credit are:
1. Inventory
2. Accounts receivable
3. Accounts payable
4. equity
5. cash
75. money available to a company for day-to-day operations is:
1. fixed capital
2. real capital
3. working capital
4. capital
5. financial capital
76. Current assets- Current Liabilities is:
1. fixed capital
2. real capital
3. working capital
4. capital
5. financial capital
77. cash or any asset that can be reasonably converted to cash within one year is:
1. Current assets
2. Current Liabilities
3. Liabilities
4. Assets
5. Fixed assets
78. a company is able to pay off its short-term liabilities almost immediately if:
1. Positive working capital
2. working capital
3. capital
4. Negative working capital
5. Negative capital
79. a good sign for the business as investors base their investment decisions on the liquidity of a company is:
1. Positive working capital
2. working capital
3. capital
4. Negative working capital
5. Negative capital
80. output/(total inputs):
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
81. output/(single input)
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
82. output/(multiple inputs)
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
83. Goods or Services Produced /All inputs used to produce them
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
84. Output /Labor + Machine
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
85. Output/Labor + Capital + Energy
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
86. Output / Labor
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
87. Output /Machine
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
88. Output /Capital
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
89. Output /Energy
1. Partial measures of productivity
2. Multi-factor measures
3. Total measure
4. Productivity
5. Total measure of productivity
90. Does not Improving Productivity
1. Develop productivity measures
2. Determine critical operations
3. Develop methods for productivity improvements
4. Establish reasonable goals
5. Environmental Scanning
91. Lower-skilled workers use specialized machinery high volumes of standardized goods
1. Mass Production
2. Craft Production
3. Lean Production
4. Batch Production
5. Production
92. Highly skilled workers use simple flexible tools to produce small quantities of customized goods
1. Mass Production
2. Craft Production
3. Lean Production
4. Batch Production
5. Production
93. Uses minimal amounts of resources high volume of high-quality goods
1. Mass Production
2. Craft Production
3. Lean Production
4. Batch Production
5. Production
94. Conversion process of transformed input into output
1. Mass Production
2. Craft Production
3. Lean Production
4. Batch Production
5. Production
95. Process transformation of input into output
1. Mass Production
2. Craft Production
3. Lean Production
4. Batch Production
5. Production
96. Focuses on quality in all phases of an organization
1. Quality-based strategies
2. Quality strategies
3. strategy
4. Time-based strategies
5. Just-in-time strategies
97. Focuses on reduction of time needed to accomplish tasks
1. Quality-based strategies
2. Strategy
3. Time-based strategies
4. Just-in-time strategies
5. Quality strategies
98. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Live a good life
1. Mission
2. Goal
3. Strategy
4. Tactics
5. Operations
99. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Successful career, good income
1. Mission
2. Goal
3. Strategy
4. Tactics
5. Operations
100. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Obtain a college education
1. Mission
2. Goal
3. Strategy
4. Tactics
5. Operations
101. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Select a college and a major
1. Mission
2. Goal
3. Strategy
4. Tactics
5. Operations
102. Rita is a high school student. She would like to have a career in business, have a good job, and earn enough income to live comfortably- Register, buy books, take
1. Mission
2. Goal
3. Strategy
4. Tactics
5. Operations
103. a system which deals with the performance, structure, and behaviour of a country’s economy as a whole
1. National economy
2. Economy
3. International economy
4. Open economy
5. Closed economy
104. the behavior and decision-making of entire economies aggregated indicators such as GDP, unemployment rates, and price indices to understand how the whole economy functions.
1. National economy
2. Economy
3. International economy
4. Open economy
5. Closed economy
105. FTT= X+M
1. Exports
2. Imports
3. Foreign trade turnover
4. Net Exports
5. Trade turnover
106. NX=X-M
1. Exports
2. Imports
3. Foreign trade turnover
4. Net Exports
5. Trade turnover
107. Purpose of enterprise does not
1. High quality of output
2. Get losses
3. High labor productivity
4. Low cost of production
5. Maximum profit in long-term prospect
108. Objectives of enterprise does not
1. full and timely satisfaction of requirements of the consumers
2. competitiveness of production on the basis of high quality of output
3. flexible updating of production on the new demands of customers
4. Effectiveness of production
5. Unfavourable and safety labor conditions
109. a basic primary economic unit in economic system which targeted on making and realizing production process
1. Production
2. The enterprise
3. Operations
4. Finance
5. Marketing
110. Farming, mining, construction, manufacturing, power generation
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
111. Warehousing, trucking, mail service, moving, taxis, buses, hotels, airlines
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
112. Retailing, wholesaling, banking, renting, leasing, library, loans
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
113. Films, radio and television, concerts, recording
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
114. Newspapers, radio and television newscasts, telephone, satellites
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
115. Input is not
1. Raw Vegetables
2. Metal Sheets
3. Water
4. Packing
5. Energy
116. Processing is not
1. Raw Vegetables
2. Labeling
3. Cleaning
4. Packing
5. Cooking
117. Output is not
1. car
2. graduated specialist
3. Water
4. Healthy patients
5. Canned vegetables
118. to keep and support at necessary level all kinds of financial resources
1. Finance subsystem
2. Marketing subsystem
3. Production subsystem
4. Conversion
5. Transformation
119. to reach the highest labor productivity and the minimum cost price at production of demanded quality
1. Finance subsystem
2. Marketing subsystem
3. Production subsystem
4. Conversion
5. Transformation
120. to come out on top on sales of production of a certain kind on the market
1. Finance subsystem
2. Marketing subsystem
3. Production subsystem
4. Conversion
5. Transformation
Test 3.
121. TengizChevrOil JV is the operating area in:
o The Mangistau Oblast
o The Aktyubinsk Oblast
o The Kzyl-Orda Oblast
o The Atyrau Oblast
o Kostanai oblast
122. Karachaganak Petroleum Operating is the leading oil producer in:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. the West-Kazakhstan Oblast
123. Kazakhoil-Emba JSC is the operating area in:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
124. Kazakhoil-Telf JSC is the operating area in:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
125. Sazankurak JV JSC is the operating area in:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
126. The oil-producing region in Kazakhstan with the longest history is:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
127. the operating area for Aktobemunaigaz JSC, which is developing the Zhanazhol an Keniyak fields is:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
128. Hurricane Kumkol Munai JSC is the operating area in:
1. The Mangistau Oblast
2. The Aktyubinsk Oblast
3. The Kzyl-Orda Oblast
4. The Atyrau Oblast
5. Kostanai oblast
129. Foreign companies have invested in the oil and gas industry of Kazakhstan since 1991:
1. US $6 billion
2. US $5 billion
3. US $7 billion
4. US $8 billion
5. US $9 billion
130. Kazakhstan has refineries with the combined capacity of ___ thousand bbl per day: three refineries
1. 70
2. 370
3. 170
4. 270
5. 470
131. Kazakhstan has________:
1. 3 refineries
2. 13 refineries
3. 5 refineries
4. 6 refineries
5. 7 refineries
132. A system which deals with the performance, structure, and behavior of a country’s economy as a whole is:
1. Microeconomy
2. Mezoeconomy
3. International economy
4. International trade
5. National economy
133. Levels of National economy do not representing by:
1. Microeconomy
2. Mezoeconomy
3. International economy
4. International trade
5. National economy
134. Economy which looks at interactions through individual markets, given scarcity and government regulation is:
1. Microeconomy
2. Mezoeconomy
3. International economy
4. International trade
5. National economy
135. Economy which looks at interactions through companies of one industry is:
1. Microeconomy
2. Mezoeconomy
3. International economy
4. International trade
5. National economy
136. Economy which examines the economy as a whole to explain broad aggregates and their interactions is:
1. Microeconomy
2. Mezoeconomy
3. International economy
4. International trade
5. Macroeconomy
137. From the view point of business size there are:
1. 3 types
2. 4 types
3. 2 types
4. 5 types
5. 6 types
138. A basic measure of a country's economic performance is:
1. GDP
2. Labor productivity
3. Inflation rate
4. Unemployment rate
5. Employment rate
139. The market value of all final goods and services made within the borders of a nation in a year is:
1. GDP by expenditure method
2. GDP by income method
3. GNP by expenditure method
4. GDP by value added method
5. GNP by income method
140. GDP = C + I + G + (X − M) is:
1. GDP by expenditure method
2. GDP by income method
3. GNP by expenditure method
4. GDP by value added method
5. GNP by income method
141. GDP = R + I + P + SA + W
1. GDP by expenditure method
2. GDP by income method
3. GNP by expenditure method
4. GDP by value added method
5. GNP by income method
142. A person is available to work and seeking work but currently without work is:
1. Unemployment
2. Employment
3. Self-employed
4. Hiring in private company
5. Hiring in public company
143.?= X+M
1. Exports
2. Imports
3. FTT
4. Net exports
5. Trade balance
144. Ur=Uw/TLF is rate of:
1. Unemployment
2. Employment
3. Self-employed
4. Hiring in private company
5. Hiring in public company
145. Measures changes in the price level of consumer goods and services purchased by households is:
1. CPI
2. FTT
3. NE
4. Revenue
5. GDP
146. Price in economics and business is the result of:
1. Exchange
2. Production
3. Distribution
4. Consumption
5. Conversion
147. Inflation is a rise in _______of prices of goods and services in an economy over a period of time:
1. the general level
2. the general level of consumer
3. the general level of industrial
4. the general level of organizational
5. the general level of construction
148. 1 barrel =
1. 127.347765 литра
2. 117.347765 литра
3. 137.347765 литра
4. 107.347765 литра
5. 17.347765 литра
149. Objectives of enterprise are not:
1. full and timely satisfaction of requirements of the consumers
2. competitiveness of production on the basis of high quality of output
3. to get loss
4. flexible updating of production on the new demands of customers
5. Effectiveness of production
150. A factor of production comprising all naturally occurring resources is:
1. capital good
2. labor
3. Capital
4. Land
5. real capital
151. Farming, mining, construction, manufacturing, power generation is belonged to:
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
152. Warehousing, trucking, mail service, moving, taxis, buses, hotels, airlines is belonged to:
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
153. Retailing, wholesaling, banking, renting, leasing, library, loans is belonged to:
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
154. Films, radio and television, concerts, recording is belonged to:
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
155. Newspapers, radio and television newscasts, telephone, satellites is belonged to:
1. Storage/Transportation
2. Exchange
3. Goods Producing
4. Entertainment
5. Communication
156. The co-founder, chairman, and chief executive officer of Apple Inc.is:
1. Peter Drucker
2. Cristofer Freeman
3. Giovanni Dosi
4. Steven Paul Jobs
5. Paul Romer
157. Economic application of inventions is:
1. Discovery
2. New idea
3. Taking risks
4. Innovation
5. Entrepreneurship
158. The 1st wave of innovation:
1. 1845-1900
2. 1785-1845
3. 1900-1950
4. 1950-1999
5. 1999-2020
159. The 2nd wave of innovation:
1. 1845-1900
2. 1785-1845
3. 1900-1950
4. 1950-1999
5. 1999-2020
160. The 3d wave of innovation:
1. 1845-1900
2. 1785-1845
3. 1950-1999
4. 1900-1950
5. 1999-2020
161. The 4th wave of innovation:
1. 1845-1900
2. 1950-1999
3. 1785-1845
4. 1900-1950
5. 1999-2020
162. The 5th wave of innovation:
1. 1845-1900
2. 1785-1845
3. 1999-2020
4. 1900-1950
5. 1950-1999
163. Is used to refer to when a product is produced with the labor of one or few workers:
1. Batch Production
2. Flow Production
3. Just-in-Time Production
4. Job Production
5. Lean Production
164. Production occurs when many similar items are produced together:
1. Flow Production
2. Batch Production
3. Just-in-Time Production
4. Job Production
5. Lean Production
165. the production of large amounts of standardized products including and especially on assembly lines is:
1. Batch Production
2. Just-in-Time Production
3. Flow Production
4. Job Production
5. Lean Production
166. Product that conforms to specifications resulting from the same or equivalent technical requirements is:
1. Good
2. Service
3. Standardized product
4. Organizational product
5. Consumer product
167. Advantage of job production is:
1. Producer meets individual customer needs
2. Cost of producing one unit or job is higher
3. Use of specialist machinery & skills can increase output and productivity
4. Potentially de-motivating for staff
5. Need to keep stocks of raw materials.
168. the first to master the moving assembly line was:
1. Ford
2. Henry Ford
3. Rúdolf Chrístian Karl Diésel
4. Karl Friedrich Michael Benz
5. André Citroën
169. Formula of revenue:
1. Q*p
2. q*P
3. o*p
4. O*P
5. O*p
170. An organization engaged in the production and trade of goods, services, or both to consumers is not:
1. A business
2. enterprise
3. firm
4. company
5. household
171. a business owned by one person for-profit
1. Corporation
2. Partnership
3. Sole proprietorship
4. Proprietorship
5. Governmental corporation
172. a business owned by two or more people
1. Corporation
2. Partnership
3. Sole proprietorship
4. Proprietorship
5. Governmental corporation
173. business that has a separate legal personality from its members
1. Corporation
2. Partnership
3. Sole proprietorship
4. Proprietorship
5. Governmental corporation
174. The efficient and effective operations of a business, and study of this subject
1. management
2. marketing management
3. human resource management
4. production management
5. IT management
175. the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, services to create exchanges that satisfy individual and organizational goals
1. management
2. marketing
3. human resource management
4. production management
5. IT management
176. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value
1. management
2. marketing management
3. human resource management
4. production management
5. IT management
177. Drivers for innovation are fell into:
1. 11
2. 1
3. 12
4. 21
5. 31 catecories
178. value which can bring additional value is:
1. labor
2. capital
3. land
4. entrepreneurship
5. input
179. Law of Surplus value was invented by:
1. Karl Marx
2. Joseph Shumpeter
3. Peter Drucker
4. Joseph Stiglitz
5. Adam Smith
180. An abstract production force as a source of interest and income
1. The U.S. economists
2. Joseph Shumpeter
3. Peter Drucker
4. Nowadays economists
5. Adam Smith
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