Exceeds the total costs of producing the products sold

Assignment Help Operation Management

Reference no: EM132277326

1. A control tool where the manager assigns a specialized set of objectives and action plans to workers and then rewards those workers on the basis of how close they came to reaching their goals is:

A. management by exception

B. management by objectives

C. management by consideration

D. manpower planning

E. breakeven analysis

3. The amount of revenue that exceeds the total costs of producing the products sold is:

A. total revenue

B. profits

C. break-even point

D. total costs

E. fixed costs

4. How a company finances itself would be evaluated in a _________ ratio:

A. operations

B. profitability

C. activity

D. leverage

5. One of the goals of new automation is to:

A. upgrade operations to be competitive

B. install electro-mechanical devices to replace human effort

C. increase productivity

D. increase inventory

Reference no: EM132277326

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