Entrepreneurship: Building a Business

Chapter 16: Production Management and Distribution

Chapter Practice Tests

1
___________is the process of creating new or improved products.
A)Needs analysis
B)Consumer pretesting
C)Product development
D)Forecasting
2
_____________is hiring people and other companies to handle tasks that the firm cannot do itself.
A)Outsourcing
B)Employment
C)Contracting
D)Distribution
3
Product development for entrepreneurs is a/an______________process.
A)linear
B)variable
C)ongoing
D)repetitive
4
A/An____________is a working model of a product.
A)image
B)prototype
C)reproduction
D)layout
5
A___________is a graphic schedule of a project's phases, activities, and tasks plotted against a time line.
A)PERT diagram
B)feasibility study
C)Gantt chart
D)prototype
6
_____________is the process of making sure the goods or services you produce meet certain standards.
A)Quality control
B)Design
C)Product development
D)Analysis
7
A__________is a group of employees who meet regularly to discuss ways of improving products and service.
A)focus group
B)trade association
C)consumer organization
D)quality circle
8
A measure of how much a business produces in a given time is known as_____________.
A)time management
B)productivity
C)targeting
D)efficiency
9
____________is the use of machines to do the work of people.
A)Robotics
B)Distribution
C)Automation
D)Automation
10
A key factor in production management is the_____________of machinery.
A)maintenance
B)purchasing
C)transportation
D)financing
11
______________is the planning, execution, and control of the movement and placement of people and/or goods.
A)Distribution
B)Transportation
C)Warehousing
D)Logistics
12
Sound______________procedures in distribution management ensure that you receive the correct supplies.
A)transportation
B)receiving
C)shipping
D)storage
13
A firm that provides transportation services at uniform rates to the general public is called a______________carrier.
A)contract
B)common
C)private
D)railway
14
Entrepreneurs with limited resources may use a/an_____________to store and distribute their products.
A)wholesaler
B)private carrier
C)distribution channel
D)agency
15
_____________identify who is responsible for the various components of distribution.
A)Business plans
B)Contract carriers
C)Freight forwarders
D)Delivery terms
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