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Problem Set Quiz #2

24 Questions  I  By Mrmbball
Problem set quiz #2
Value Chain

pages 137-141

  
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Question Excerpt

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1.  _____ relate directly to the actual creation, development, manufacture, distribution, sale and servicing of a product.
A.
B.
C.
D.
E.
2.  Muriel hires people to work in the payroll department of a large corporation. Her job can be described as
A.
B.
C.
D.
E.
3.  ______ occur closer to the raw materials, further from the consumer end of the value chain
A.
B.
C.
D.
E.
4.  A company is known for its employee-centric culture. What part of the value chain model best encapsulates the culture of this company and how it impacts its creation of value?
A.
B.
C.
D.
E.
5.  Philip programs computer software used to ensure safe on-time delivery of the dairy products his company packages. His job can be described as
A.
B.
C.
D.
E.
6.  Jane hires machinests who maintain and repair manufacturing equipment. Her job is part of
A.
B.
C.
D.
E.
7.  Ashley works for a general contractor. She buys materials that are used in a large variety of jobs. In what part of the value chain does Ashley work?
A.
B.
C.
D.
E.
8.  Brad works for a general contractor. He writes bids for customers. The bids include a written description of the item that will be built, the materials that will be used, and the labor required. In what part of the value chain does Brad work?
A.
B.
C.
D.
E.
9.  Consider the value chain that produces food products such as snack cakes and potato chips, ADM, headquartered in Decatur, Illinois, is an industry-leader in the production of food products such as cocoa, corn syrup, corn and soybean oil. Relative to companies such as Hostess and Lays, ADM performs
A.
B.
C.
D.
E.
10.  Olivia hires newly-minted PhDs for the research and development team at her company. Her job can be described as
A.
B.
C.
D.
E.
11.  What part of the value chain involves all activities necessary to get a company's goods to its customers?
A.
B.
C.
D.
E.
12.  A team at Quinet is responsible for raising the funds needed to purchase a new computer system that will enhance the company's ability to track incoming material orders. Their work can be described as part of
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B.
C.
D.
E.
13.  A traditional grocery store is least likely to include which of the following types of activities in its value chain?
A.
B.
C.
D.
E.
14.  Marcus buys raw materials used in production at his firm. His job can be described as
A.
B.
C.
D.
E.
15.  Which of the following is a primary activity in the value chain model?
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B.
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16.  Muriel works on a team that improves raw material warehousing at her company. Her job can be described as
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B.
C.
D.
E.
17.  A company's customers have begun to complain about defective products. Management should focus its internal investigation on
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B.
C.
D.
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18.  Sally receives, inventories, and warehouses non-defective product returns. What parts of the value chain are involved in her job?
A.
B.
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D.
E.
19.  At a fast food restaurant, the cooks wrap burgers and put them in warming slots, while front line workers take the burgers out of the warming slots and put them on trays or in bags to give to the customer. How would company management most likely categorize these activities?
A.
B.
C.
D.
E.
20.  A company's customers have begun to complain about late delivery. Management should focus its internal investigation on
A.
B.
C.
D.
E.
21.  Phillip trains purchase agents at his company. His job is best described as
A.
B.
C.
D.
E.
22.  Which of the following is a support activity in the value chain model?
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B.
C.
D.
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23.  Muriel works on a team that improves production activities at her company. Her job can be described as
A.
B.
C.
D.
E.
24.  Sally receives, inventories and warehouses raw materials. What part of the value chain are involved in her job?
A.
B.
C.
D.
E.
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