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SBE 420 DeVry Week 7 Quiz Latest

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SBE 420 DeVry Week 7 Quiz Latest

SBE 420 DeVry Week 7 Quiz Latest

SBE420

 

SBE 420 DeVry Week 7 Quiz Latest

Question 1. Question : (TCO 6) As a solution to a company’s quality problems, managers will find that TQM:

  • techniques can be implemented piecemeal, one-at-a-time.
  • may be implemented without significant training of employees.
  • creates little turmoil or change in the way a company does most of its business.
  • takes three to four years to bring about a significant change in quality.

Question 2. Question : (TCO 6) The vendor certification process assumes:

  • the business owner has detailed knowledge of the vendors.
  • the use of a cross-functional team to conduct the evaluation.
  • vendors are publicly owned so information can be gathered on each of them.
  • all vendors are charging the same prices.

Question 3. Question : (TCO 6) Employee theft can be caused or encouraged by a number of factors including:

  • physical breakdowns of security.
  • organizational atmosphere.
  • improper cash controls.
  • All of these

Question 4. Question : (TCO 10) Miguel and Jamie are talking. Miguel keeps using baseball metaphors as he is giving instructions to Jamie. Not having any experience with baseball, Jamie is only understanding about half of what Miguel is saying. Miguel and Jamie are experiencing ineffective communication because of:

  • Miguel not expressing his feelings.
  • information overload.
  • ambiguity in the communication.
  • the conflicting verbal and nonverbal messages Jamie is giving to Miguel.

Question 5. Question : (TCO 10) A ________ outlines the duties and responsibilities associated with a job and the working conditions involved.

  • job description
  • human resource plan
  • job analysis
  • job specification

Question 6. Question : (TCO 10) While a large percentage of business founders plan to pass on their businesses, few create management succession plans because:

  • they don’t feel they need one because they know which child will assume management of the business.
  • they are reluctant to let go of the business.
  • they don’t know how to do it.
  • they can’t afford the attorneys’ and accountants’ fees.

Question 7. Question : (TCO 2) A small fireworks manufacturer that shuts its plant down permanently because the risk of fire and the resulting losses are too great, is relying on a risk ________ strategy.

  • transfer
  • avoidance
  • reduction
  • anticipation

Question 8. Question : (TCO 2) ________ covers losses from the theft or loss of computers and data, the impact of computer viruses and computer system failures, intrusion by hackers, and problems with the privacy of customer information stored in databases.

  • Electronic data processing (EDP) insurance
  • Casualty insurance
  • Liability insurance
  • Comprehensive insurance

Question 9. Question : (TCO 4) When Fred Goodman sued Wendy’s over his broken tooth due to bone fragments in his hamburger, he sued them on the basis of:

  • negligent manufacturing.
  • breach of implied warranty of merchantability.
  • failure to warn and negligent design.
  • implied warranty of fitness.

Question 10. Question : (TCO 4) There are specific requirements for insurability which include:

  • the risk must be within a single geographical area.
  • there must a pool of insurers who will accept the risk.
  • the risk cannot be selected.
  • the value of the actual loss must be possible to determine.

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