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5 Written questions

5 Matching questions

  1. small business
  2. output
  3. productivity
  4. manufacturing firms
  5. global competition
  1. a the quantity, or amount, produced within a given time
  2. b the ability of profit-making organizations to compete with other businesses in other countries
  3. c producing the largest quantity in the least time by using efficient methods and modern equipment
  4. d any business that is operated by one or a few individuals
  5. e businesses that produce goods

5 Multiple choice questions

  1. lets workers decide how to perform their work tasks and offer ideas on how to improve the work process
  2. a legal agreement between a company and a distributor to sell a product or service under special conditions
  3. when an organization makes the right decisions in deciding what products or services to offer customers or other users
  4. firms that produce goods that are often used by other businesses or organizations to make things
  5. deals with all money matters related to running a business

5 True/False questions

  1. domestic goodsproducts make by firms in countries outside the United States

          

  2. franchisorthe parent company of a franchise agreement that provides the product or service

          

  3. businessan organization that produces or distributes a good or service for profit

          

  4. mass productionwhen up-to-date equipment and assembly line mehtods are used to produce large quantities of identical goods

          

  5. downsizea legal agreement between a company and a distributor to sell a product or service under special conditions