Questions
1
Which of the following services is not unique, i.e., customized to a particular individual's needs?
Answer:elementary education
2
The Dulac Box plant produces 500 cypress packing boxes in two 8-hour shifts. The use of new technology has enabled them to increase productivity by 30%. Productivity is now approximately
Answer:40.6 boxes/hr
3
Which of the following inputs has the greatest potential to increase productivity?
Answer:management
4
The service sector has lower productivity improvements than the manufacturing sector because
Answer:services usually are labor intensive
5
______________ is a short declaration of what an organisation aspires to be tomorrow.It is the ideal state that might never reached but which you continuously strive to achieve.
Answer:vision
6
From the economic system'spoint of view ,the role of marketing intermediaries is to transform the assortment of products made by producers in to the assortment of products wanted by ______________
Answer:consumers
7
It is common for international marketers to ______________ their channel strategies for each country.
Answer:adapt
8
To reduce inventory management costs, many companies use a system called ______________ , which involves carrying only small inventories of parts or merchandise,often only enough for a few days of operation.
Answer:just-in-time logistics
9
Rolex watches can only be found in a limited number of intermediaries. This is an example of ______________
Answer:exclusive distribution
10
______________ is the design of seamless value-added processes across organization boundaries to meet the real needs of the end customer.
Answer:Supply chain management
