CHAPTER 2 TEST QUESTIONS True-False 1. The utility created through the basic marketing activities is known as place utility. ANSWER: False‚ Page 40 2. Transportation is the physical movement or flow of goods. ANSWER: True‚ Page 42 3. During the 1990s and 2000s‚ logistics costs as a percentage of gross national product declined. ANSWER: True‚ Page 47 4. An aircraft manufacturer is a good example of an organization with a heavy inbound flow and a simple outbound flow. ANSWER: True
Premium Logistics
Topics include‚ role of information technology in business‚ IT infrastructure‚ enterprise applications‚ e-business and e-commerce. Please note that as an introduction course to the field of management information systems (MIS)‚ this course provide an overview of wide range of topics in MIS. For each topic discussed in this course‚ there will be more advanced courses for in-depth discussion. 2. Learning Outcomes * To describe the technical components and types of information systems used in
Premium Management Strategic management Marketing
True/False Questions 1. The standard deviation of any normal random variable is always equal to one. Answer: False Type: Concept Difficulty: Easy 2. For any normal random variable‚ the probability that the random variable will equal one is always zero. Answer: True Type: Concept Difficulty: Medium 3. The graph of a standard normal random variable is always symmetric. Answer: True Type: Concept Difficulty: Easy 4. The formula will convert any normal
Premium Normal distribution Standard deviation Probability theory
pg. 03 Introduction pg. 04 MIS in Health Sector pg. 07 MIS in Automobile Industry pg. 13 MIS in Educational Sector pg. 17 MIS in Telecommunication Industry pg. 21 Conclusion
Premium Decision theory Information systems Management information system
company‚ regardless of their geographical location. Companies are able to store and maintain a tremendous amount of historical data economically‚ and employees benefit from immediate access to the documents they need. Management Information Systems (MIS) enable companies to track sales data‚ expenses and productivity levels. The information can be used to track profitability over time‚ maximize return on investment and identify areas of improvement. Companies are using IT to improve the way they design
Premium Bank
Chapter 1: Fundamentals of Strategic Management TRUE/FALSE 1. The term strategy refers to various plans at all levels of the organization. ANS: F Strategy refers to top management’s plans to develop and sustain competitive advantage. PTS: 1 DIF: Easy REF: 1-1 2. The term strategy refers primarily to activities at the top level of the organization. ANS: T Strategy refers to top management’s plans to develop and sustain competitive advantage. PTS: 1 DIF: Easy REF: 1-1 3
Premium Strategic management
Introduction to Management Science‚ 10e (Taylor) Chapter 6 Transportation‚ Transshipment‚ and Assignment Problems 1) In a transportation problem‚ items are allocated from sources to destinations at a minimum cost. Answer: TRUE Diff: 1 Page Ref: 227 Main Heading: The Transportation Model Key words: transportation problem 2) In a transportation problem‚ items are allocated from sources to destinations at a maximum value. Answer: FALSE Diff: 1 Page Ref: 227 Main Heading: The Transportation
Premium Management Strategic management Marketing
Beethoven Symphony No.9. 4th movement. Ludwig van Beethoven‚ great music composer‚ born in December 17‚ 1770 in Bonn Germany‚ and died in March 26‚ 1827 in Vienna. He was interested in music at a very young age. He grew up in a family where his father was a musician but he had drinking problem‚ and his mother was gentle loving care person. Beethoven claimed his mother as his best friend. When Beethoven took interest in music‚ his father taught him music day and night and how to play an instrument
Premium Ludwig van Beethoven Wolfgang Amadeus Mozart
Modern Labor Economics‚ 12e (Ehrenberg/Smith) Chapter 2 Overview of the Labor Market 1) The labor market does NOT A) allocate workers to jobs. B) coordinate employment decisions. C) respond to price signals. D) ensure that all workers are hired. Answer: D Question Status: Old 2) The labor market for mechanical engineers is A) an internal labor market. B) a national labor market. C) a local labor market. D) a monopoly labor market. Answer: B Question Status: New 3) The labor force is made
Premium Supply and demand