TestPracticeSpring2009

TestPracticeSpring2009 - Practice Questions First Prelim...

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Practice Questions – First Prelim – AEM1200 – Spring 2009 Pedro David Pérez Match the following constructs with their respective concepts a. Functional areas of business b. Functions of operations management c. Members of the supply chain d. Objectives of business e. Pricing strategies 1. Consumers 2. Cost leadership 3. EDLP 4. Finance 5. Growth 6. High-low 7. Inventory 8. Layout 9. Location 10. Manufacturers 11. Marketing 12. Operations 13. Penetration 14. Profit 15. Quality 16. Retailers 17. Scheduling 18. Skimming 19. Social responsibility 20. Suppliers 21. Survival 22. Wholesalers In the following five questions, which of the following characterize business in the XX century? In the XXI century? 23. Bureaucracy 24. Entrepreneurship 25. Mass production 26. Virtual organizations 27. Wage slavery a. XX century b. XXI century February 20 th , 2009 1
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Practice Questions – First Prelim – AEM1200 – Spring 2009 Pedro David Pérez Match the following task descriptions with the management function they exemplify 28. Today’s organizations are designed around the customer. The idea is to
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