Focuses on broad issues such as growth and unemployment

Assignment Help Operation Management

Reference no: EM132214569

1. If a community college decided to build an academic building, then the money and resources would not be available for a parking garage. This is an example of:

a- operational cost,B- productions, c- optimization,d- operational cost

2. One of the benefits of labor specialization is that:

a- labor and specialization establishes different citiesas industrial hubs b-workers who specialize in certain tasks often learn to produce more slowely with lower quiality

c- it allows workers to focus on a particular job and focus on the parts of the production process in which they have an advantage

d-specialized workers are more productive when producing a combination of things with which they are good at and some of which they are not

3. The field of economics that looks at the economy as a whole and focuses on broad issues such as growth, unemployment, inflation, and trade balance is:

a- macroeconomics b-microeconomics c- mixed economics d-global economics

4. When economists talk about supply, they are referring to a relationship between the price in a market and the:

a- equiillibrium quantity b- government policies c- amount that buyer wishes to purchase d-amount that producers collectively make available for sale

Reference no: EM132214569

Questions Cloud

Analyze the theoretical aspects of research methods : Compile a PowerPoint presentation introducing the importance of research and the use of research methods within an organization. Think about how this applies.

Pepsico discovered consumer desire for healthier food option : After scanning the environment, PepsiCo discovered consumers’ desire for healthier food options.

Explain basic concepts of quality improvement : Explain basic concepts of quality improvement in the health care industry. Explain the concepts of risk and quality management in the health care industry.

Business models have evolved from volume to value based : Provide examples of other industries in which business models have evolved from a volume based to value based.

Focuses on broad issues such as growth and unemployment : The field of economics that looks at the economy as a whole and focuses on broad issues such as growth, unemployment, inflation, and trade balance is:

What type of response did you use : Conclude your assignment with a response to the following questions: What type of response did you use? What did you say, and what effect did it have?

The demand curve d-the production curve : the supply curve b-both the supply and demand curve c-the demand curve d-the production curve

Care and courtesy and conventions : You will be graded on the professionalism of your letter adhering to the elements discussed in class: care, courtesy, and conventions.

Create a handout to educate the employees : You have been asked by your employer to create a handout to educate its employees on the benefits and requirements of health insurance.

User Account

All Pages