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5.05_EC18 POB Review
Test Description: Part A Review
Instructions: Answer all questions to get your test result.
1) The equipment, ingredients, and employee labor at a restaurant are all
A
inputs
B
mass production
C
productivity
D
objectives
2) The amount and value of outputs produced from set amounts of resources are known as
A
productivity
B
objectives
C
inputs
D
mass production
3) Janine works for a gift-wrapping service. During a typical eight-hour work day, Janine wraps 52 gifts. What is her productivity rate?
A
17.3 gifts per hour
B
6.5 gifts per hour
C
2.2 gifts per hour
D
7.0 gifts per hour
4) One way that the productivity of a business can be measured is by
A
dividing the number of products made by the cost of distributing those items.
B
dividing the dollar value of total sales by the costs of making those sales.
C
calculating the total monetary costs of all inputs used.
D
determining the amount of time needed to gather all necessary inputs.
5) Why is the productivity of service businesses measured differently than that of manufactur-ing businesses?
A
Manufacturers measure their productivity on a regular basis.
B
Manufacturers produce intangible goods.
C
Service businesses are concerned about the appropriateness of their products.
D
Service businesses are less efficient than manufacturers.
6) Why should productivity be measured?
A
To find new ways to meet customer needs
B
To determine the best ways to invest company profits
C
To see whether the business’s objectives are being met
D
To locate new sources of inputs
7) A positive effect that productivity has on a business is helping it
A
determine the health of the nation’s economy.
B
increase the standard of living.
C
increase sales and profits.
D
stop inflation.
8) How does increased business productivity benefit consumers?
A
More goods and services become available, so prices go up.
B
Costs of labor and prices increase, so inflation goes up.
C
More goods and services become available, so prices go down.
D
The gross domestic product goes down, so inflation goes up.
9) Gross domestic product per capita is a measure of
A
the average worker’s productivity.
B
everything a country imports from foreign countries.
C
everything a country produces within its borders.
D
everything a country exports.
10) When does Quarter 3 end?
A
Wednesday March 23rd
B
Monday March 28th
C
Thursday March 24th
D
Friday March 25th
*select an answer for all questions
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