SBE 310 Final Exam Essay

Words: 1926
Pages: 8

Grading Summary
These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
Date Taken:
4/23/2013
Time Spent:
3 h , 16 min , 12 secs
Points Received:
188 / 220 (85.5%)

Question Type:
# Of Questions:
# Correct:
Multiple Choice
30
24
Essay
5
N/A

Grade Details - All Questions

Page:
1 2

1.
Question :
(TCO 1) The term economy of scale refers to which of the following?

Student Answer:
Increasing of costs through the production of larger quantities

Decreasing of costs through the production of larger quantities

Decreasing of costs through the production of smaller quantities
…show more content…
Student Answer:
The product life cycle

The product growth stages

The product timeline

The product opportunity stages

Comments:

21.
Question :
(TCO 5) Organizing involves all but which of the following?

Student Answer:
Assembling financial resources

Assembling human resources

Assembling materials

Assembling invoices

Comments:

22.
Question :
(TCO 5) Delegation, defined, is granting authority and responsibility for a specific task to:

Student Answer:
Another member of the organization

The boss

A supervisor

Top management

Comments:

23.
Question :
(TCO 5) The Equal Employment Opportunity Commission _______ that the information from a job analysis be used to ensure equal employment opportunity.

Student Answer:
Strongly urges and sometimes requires

Always requires

Urges

Does not care

Comments:

24.
Question :
(TCO 6) What a business does to add value to inputs when converting them to outputs is known as which of the following?

Student Answer:
Inputs

Transformation processes

Outputs

Feedback

Comments:

25.
Question :
(TCO 6) Information that shows the steps required to produce a product is called which of the following?

Student Answer: