comm 225 practice quiz

Question 1
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Based on a hierarchical model of strategic planning, what is the correct sequence for developing different elements of a strategic plan?
Select one:
a. Mission/vision > goals > organizational strategy > functional strategies > tactics
b. Organizational strategy > functional strategies > mission/vision > goals > tactics
c. Goals > mission/vision > organizational strategy > functional strategies > tactics
d. Tactics > goals > mission/vision > organizational strategy > functional strategies
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Question 2
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Based on the following data, what has the rate of labour productivity growth been in periods 2 and 3?

Period

Output (units)

Labour-hours

1

120

725

2

140

760

3

150

776
Select one:
a. 16.7% and 7.1%
b. 11.3% and 16.8%
c. 11.3% and 4.9%
d. 4.8% and 2.1%
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Question 3
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Determine the multifactor productivity measure for the combination of labour, energy, and material using the following data:

Output: 5400 units

Inputs:

Labour

100 hours @ $25 per hour

Energy

2200 kW-hrs @ $0.15 per kW-hr

Material $1,490
Select one:
a. 0.70 dollars per unit
b. 0.80 dollars per unit
c. 1.25 units per dollar
d. 1.42 units per dollar
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Question 4
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If inputs decrease while output remains constant, what will happen to productivity?
Select one:
a. It will increase.
b. It will decrease.
c. It will remain the same.
d. It is impossible to tell.
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Question 5
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