Direction Multiple Choice Write the letter of the correct answer before each number 1 Which of the following refers to the human workforce involved in the manufacture of products
A Materials
B Method
C Machine
D Manpower
2. The 4M's of production are as follows except ONE
A Management
B Manpower
C Method
D Machine
3. Which of the following refers to the marketing copy that explains what a product is and why it is worth purchasing?
A Prototype
B Product description
C Business Model
D Suppliers
4 It represents the final products from the production process and distributed to the customers
A Input
B Supplies
C Output
D. Materials
5. It is a replica of a product
A Prototype
B Product description
C. Business Model
D Suppliers
6. Which of the following refers to the system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer?
A Supply chain
B Value chain
C. Business model
D. Prototype
7. Which of the following is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service?
A Supply chain
B Value chain
C. Business model
D. Prototype
8. It describes the rationale of how an organization creates, delivers, and captures value in
economic, social, cultural or other contexts
A Prototype
B Product description
C. Business Model
D. Suppliers
9. It is an entity that supplies goods and services to another organization
A Prototype
B. Product description
C. Business model
D. Suppliers
10. Which of the following refers to the manufacturing equipment used in the production of
goods or delivery of services?
A Machine
B. Manpower
C. Method
D. Materials
11. It refers to the process or technique of converting raw materials to finished products.
A. Machine
B. Manpower
C. Method
D. Materials
12. It simply refers to the raw materials needed in the production of a product.
A Machine
B. Manpower
C. Method
D. Materials
13. Statement I- Skills and expertise is not important in considering manpower.
Statement II- Benefits are the reasons why customers will decide to buy the products.
A. Only Statement I is true.
C. Both Statements are true.
B. Only Statement II is true
D. Both Statements are false.
14. Statement I- Educational qualifications and experience is one of the criteria in considering manpower.
Statement II- Product to produce is one of the factors to be considered in method or production method.
A Only Statement I is true.
C. Both Statements are true.
B. Only Statement II is true
D. Both Statements are false
15.Statement I- In selecting the type of equipment to purchase, the entrepreneur may consider cost and capacity of the equipment.
Statement II- The purpose of a product description is to supply customers through details around the features and benefits of the product.
A. Only Statement I is true.
B. Only Statement II is true.
C. Both Statements are true.
D. Both Statements are false.