Beruflich Dokumente
Kultur Dokumente
Multiple Choice
Direction: Choose the correct answer and blacken the circle corresponding to the letter of your choice. Strictly no erasures.
Illustrative example
ab cd
O O O O 1. Which function describes the form f(x) = mx + b?
a. quadratic b. linear c. cubic d. square
a b cd
O O O O 1. What does SCM stand for?
a. Systematic Cost Management
b. Supply Chain Management
c. Supply Cost Management
d. System Care Model
O O O O 2. What is MARKET VALIDATION?
a. It is a series of interviews of people in your target market.
b. Strategy of differentiating a product or service by focusing on the communal specification that are offered by the
competitors.
c. Technique of selling a product or service by focusing on the features of the product offered by the competitors.
d. Strategy of differentiating a product or service by concentrating on unique features that are not offered by
competitors.
O O O O 3. Do you agree that market validation should always be done before introducing a product?
a. No, market validation should start after introducing the product for a better understanding of the target market will
help build a better, more focused product.
b. Yes, market validation should start before introducing a product to verify the market and identify the customers who
are willing to use the product.
c. Yes, market validation should start much earlier in the process for a better understanding of the target market will
help build a better, more focused product.
d. No, market validation should start after introducing the product to minimize the cost of validating the market and
focus on the production rather than market validation.
O O O O 5. Which of the following is the correct design process sequence of 4M’s in operation?
a. Method → Materials → Manpower → Machine
b. Materials → Machine → Manpower → Method
c. Method → Manpower → Machine → Materials
d. Machine → Materials → Manpower → Method
O O O O 6. Which statement best describes MACHINE in the 4M’s of Operation?
a. Facts, information, or ideas for use in creating work.
b. A particular form of procedure for accomplishing or approaching something especially a systematic or established
one.
c. The number of people working or available for work service.
d. An apparatus using or applying mechanical power & having several parts, each with a definite function & together
performing a particular task.
O O O O 9. Which of the following simple ways be the most effective to persuade customers with product description that sell?
I. Focus on your ideal buyer
II. Entice with benefits
III. Reduce sensory words
IV. Appeal to your readers’ imagination
V. Justify using comparative words
a. I, II, III, IV, V
b. I, II, IV
c. I, III, V
d. I, II, V
O O O O 10. Can you distinguish between supply chain and value chain?
a. Supply chains consist of all the steps involved in getting a product from a raw material into the hands of the customer
while value chain is what gives a business a competitive advantage over others.
b. Value chains consist of all the steps involved in getting a product from a raw material into the hands of the customer
while supply chain is what gives a business a competitive advantage over others.
c. The value chain is made up of different processes that work to create a product, these processes lay the groundwork
for where a company decides to add value while the supply chain to include, inbound logistics, operations, outbound
logistics, marketing and sales, and service.
d. Supply chain gives business a competitive advantage over others while value chain is made up of different processes
that work to create a product, these processes lay the groundwork for where a company decides to add value.
O O O O 12. Which of the following process comes after Manpower in 4M’s of operation?
a. Materials
b. Machine
c. Measurement
d. Method
O O O O 13. From the activities stated below, can you identify which of the following belongs to the Manpower design process
of the 4M’s of operation?
I. Performance of skills to process the product
II. Operation of the computers and printers
III. Purchased of raw materials
IV. Trainings and Seminars for workers
a. I, II, III & IV
b. I, & IV
c. I, & III
d. I, III, & IV
O O O O 14. There are three main types of supply chain strategies: stable, reactive, and efficient. Which of the following chains does
stable supply chain strategy is appropriate?
I. With a significant history of stability between cost and benefit.
II. That are focused on execution, efficiencies, and cost performance.
III. That use simple connectivity technologies and have little need for real-time information.
a. I, II, III
b. I, II
c. I, III
d. II, III
O O O O 17. In developing business model, what question would you ask for in developing the cost structure?
a. Who do you need to rely on?
b. Which key elements drive your costs?
c. Which activities do you need to perform well in your business?
d. Which assets are essential?
O O O O 20. What would happen if you created a business model canvass for your business?
a. Difficult to create new business model.
b. It gives you an idea to generate profit.
c. You can analyze and update your existing business model.
d. You can project your future revenues.
O O O O 21. In developing business model, what question would you ask for in developing the customer segments?
a. What are you offering them?
b. How does each customer segment want to be reached?
c. Which customers and users are you serving?
d. What are customers really willing to pay for?
O O O O 22. Below are inputs for the business model canvass, identify which of the following inputs will be included in the cost structure?
I. Ingredients
II. Equipment
III. Salaries/Commission
IV. Lemonade Sales
V. Flyers
a. I, II, III, IV
b. I, II, III, V
c. II, III, IV, IV
d. I, III, IV, V
O O O O 24. Cindy bought 50 pens for for Php 300.00. She then sold the pen for Php 10.00. How much would be her profit
when she sold all of the 50 pens?
: a. Php 100.00
b. Php 200.00
c. Php 500.00
d. Php 300.00
O O O O 25. For the fiscal year ended October 2018, Kean Corp (KC) recorded revenue of Php 451,950.00. KC also recorded
utility expenses costing Php 65,000.00, salaries and wages costing Php 55,000.00, interest and taxes of Php
29,000.00, and cost of goods sold amounting to 180,000.00. a. goods flow into the market in times of deficit and out in
times of surplus. Solve for the gross profit.
a. Php 271,950.00
b. Php 331,950.00
c. Php 151,950.00
d. Php 451,950.00
O O O O 27. Angel incurred a total of Php 45,000.00 in producing her homemade mango jam. She made 250 jam jar of her
homemade mango jam. She decided to sell her mango jam at Php 250.00 per jam jar. How much would be Angel’s
profit when she sold all of her 250 jam jars homemade mango jam?
a. Php 62,500.00
b. Php 45,000.00
c. Php 12,500.00
d. Php 17,500.00