Quiz Summary
0 of 50 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 50 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33
- 34
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 50
1. Question
What do the letters EOQ stand for?
CorrectIncorrect -
Question 2 of 50
2. Question
The EOQ of an item is calculated using the annual demand together with the ___________ cost and the __________ cost.
CorrectIncorrect -
Question 3 of 50
3. Question
In a materials processing operation, which of the following process type is associated with the highest volume and lowest variety?
CorrectIncorrect -
Question 4 of 50
4. Question
In the product life cycle what is the correct order of the main phases?
CorrectIncorrect -
Question 5 of 50
5. Question
Which management approach is most likely where the home country dominates procedures and practices?
CorrectIncorrect -
Question 6 of 50
6. Question
Which management approach is most likely where local expertise from the host country is used to create procedures and practices for the running of the organization locally?
CorrectIncorrect -
Question 7 of 50
7. Question
Moving some of an organization’s operations from a high-cost economy to a low-cost economy is called __________________
CorrectIncorrect -
Question 8 of 50
8. Question
Licensing out the manufacture of a product can be referred to as _________________
CorrectIncorrect -
Question 9 of 50
9. Question
Which of the following describes class ‘C’ items in the ABC approach to stock categorisation?
CorrectIncorrect -
Question 10 of 50
10. Question
Operations Management is a ___________________ process.
CorrectIncorrect -
Question 11 of 50
11. Question
There are five basic organizational forms: simple, functional, divisional, conglomerate and _______________
CorrectIncorrect -
Question 12 of 50
12. Question
Inventory is ______________________ EXCEPT
CorrectIncorrect -
Question 13 of 50
13. Question
A firm that focuses on the minimum utilization of resources for the attainment of its goals is a ___________ driven firm
CorrectIncorrect -
Question 14 of 50
14. Question
A competitive environment can be characterized by ___________________
CorrectIncorrect -
Question 15 of 50
15. Question
The output/input ratio usually denotes the calculation of __________
CorrectIncorrect -
Question 16 of 50
16. Question
The ability of a firm to meet and exceed the need of customers’ is captured with concept of ____________________
CorrectIncorrect -
Question 17 of 50
17. Question
The difference between the cost price of finished products and the costs of the inputs for producing one unit is called __________________
CorrectIncorrect -
Question 18 of 50
18. Question
One of the objectives of a firm is to _______________
CorrectIncorrect -
Question 19 of 50
19. Question
When the government forgoes investment in education in favour of agriculture, this decision is described with the concept of __________________
CorrectIncorrect -
Question 20 of 50
20. Question
A government provision to make up for the cost of importing specific goods by a group of businessmen is known as ___________________
CorrectIncorrect -
Question 21 of 50
21. Question
The question of how scarce resources are to be allocated is a ______ problem
CorrectIncorrect -
Question 22 of 50
22. Question
An Internet Service Provider (ISP) employs 10 staff and services a customer base of 2 million subscribers. It is a _____ business
CorrectIncorrect -
Question 23 of 50
23. Question
Which of the following is NOT an indicator of the size of a business?
CorrectIncorrect -
Question 24 of 50
24. Question
Market capitalization is calculated as:
CorrectIncorrect -
Question 25 of 50
25. Question
Shareholders focus more on the ______ of a firm
CorrectIncorrect -
Question 26 of 50
26. Question
Nigeria aims to be among the largest economies in the world by __________
CorrectIncorrect -
Question 27 of 50
27. Question
The work on managerial role could be attributable to ______________
CorrectIncorrect -
Question 28 of 50
28. Question
One of these leadership styles will use feedback as an opportunity for coaching employees
CorrectIncorrect -
Question 29 of 50
29. Question
An internal state which makes certain outcomes appear attractive is _____________
CorrectIncorrect -
Question 30 of 50
30. Question
Information retrieved from archive may be referred to as
CorrectIncorrect -
Question 31 of 50
31. Question
Promotion may be referred to as __________
CorrectIncorrect -
Question 32 of 50
32. Question
Which of the following is true about promotional mix?
CorrectIncorrect -
Question 33 of 50
33. Question
The managerial function responsible for attracting, procuring, placement, retaining and maintaining the right number and calibre of employees in an organization is _____________
CorrectIncorrect -
Question 34 of 50
34. Question
The procedure for determining duties and skill requirements of a job and the person to hire is ___________________
CorrectIncorrect -
Question 35 of 50
35. Question
The process for creating a large pool of applicants that are willing to work for the organisation is _______________
CorrectIncorrect -
Question 36 of 50
36. Question
The function of the personnel manager include the following EXCEPT
CorrectIncorrect -
Question 37 of 50
37. Question
Performance appraisal purposes include the following EXCEPT:
CorrectIncorrect -
Question 38 of 50
38. Question
When the company’s assets do not match with its liabilities it means that the company is ______________
CorrectIncorrect -
Question 39 of 50
39. Question
The details of items recognized as non- current liabilities include all of the following EXCEPT _______
CorrectIncorrect -
Question 40 of 50
40. Question
The authorized share capital of a limited liability company is the number of shares
CorrectIncorrect -
Question 41 of 50
41. Question
The margin of safety represents ______________
CorrectIncorrect -
Question 42 of 50
42. Question
The information provided in the cash flow statement will help the company in the following ways EXCEPT __________
CorrectIncorrect -
Question 43 of 50
43. Question
Cash and cash equivalent section of the cash flow statement contains all these EXCEPT __________
CorrectIncorrect -
Question 44 of 50
44. Question
These are the differences between profit and cash flow statements EXCEPT
CorrectIncorrect -
Question 45 of 50
45. Question
Accounting information of a firm is prepared based on this concept
CorrectIncorrect -
Question 46 of 50
46. Question
A cost that is same per unit of output but increases with the total output is referred to as __________
CorrectIncorrect -
Question 47 of 50
47. Question
Incremental cost consist of all EXCEPT _______________
CorrectIncorrect -
Question 48 of 50
48. Question
You are required to use the information below to answer this question
CorrectIncorrect -
Question 49 of 50
49. Question
You are required to use the information below to answer this question
What is the margin of safety?
CorrectIncorrect -
Question 50 of 50
50. Question
You are required to use the information below to answer this question
The require sales to achieve a profit of N8,000 is __________
CorrectIncorrect
Responses