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220+ Functional Areas of Business Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .

201.

“Materials and labor should be moved over minimum distances; saving cost and time of transportation and material handling.” The statement best describes the

A. Principle of economy
B. Principle of minimum movement
C. Principle of space utilization
D. Principle of smooth flow
Answer» B. Principle of minimum movement
202.

Product designing deals with

A. form and functions
B. job production
C. intermittent production
D. none of the above
Answer» A. form and functions
203.

When the procedure for manufacturing a product is according to a specific customer order it is known as

A. Job production
B. Intermittent production
C. Process production
D. Product planning
Answer» A. Job production
204.

The orderly flow of materials in the manufacturing process from the beginning to the end is regulated by

A. Production control
B. Production planning
C. Production schedule
D. Rationalisation of plant operations
Answer» A. Production control
205.

Procurement, allocation and utilisation of resources is known as

A. Product system
B. Production
C. Flow of production
D. Intermittent process of Industry
Answer» B. Production
206.

The physical operation of handling a manufacturing order to a machine operator is known as

A. Expediting
B. Routing
C. Dispatching
D. Scheduling
Answer» C. Dispatching
207.

When machines and equipment of the same functional type are grouped together, it is known as

A. Product layout
B. Process layout
C. Plant layout
D. Fixed position layout.
Answer» B. Process layout
208.

Determining when an operation is to be performed or when work is to be completed is known as

A. routing
B. loading
C. scheduling
D. dispatching
Answer» C. scheduling
209.

A good layout should take into consideration all the _____ dimensions of space available

A. two
B. four
C. five
D. three
Answer» D. three
210.

A good product design must emsure

A. function or performance
B. appearance or aesthetics
C. reliability
D. all of the above
Answer» D. all of the above
211.

Deciding the _____ in which to locate the plant is the first step in location

A. country
B. region
C. locality or community
D. exact site
Answer» A. country
212.

Among all the locational factors, _________ seem to influence location decision the most.

A. Availability of infrastructure
B. good communication
C. personal or business contacts
D. others
Answer» C. personal or business contacts
213.

A plant layout refers to the arrangement of

A. machinery
B. equipment
C. industrial facilities
D. all of the above
Answer» D. all of the above
214.

Based on the manufacturing process, industries are classified as

A. synthetic
B. analytical conditioning
C. extractive
D. all of the above
Answer» D. all of the above
215.

Grouping together of like machines in one department is known as

A. process layout or functional layout
B. product or line processing layout
C. fixed position or static layout
D. cellular manufacturing layout or group technology layout
Answer» A. process layout or functional layout
216.

The framework within which the conversion of inputs into outputs occurs

A. Distribution
B. Advertising
C. Production system
D. All of the above
Answer» C. Production system
217.

___________means critical investigation in order to acquire new knowledge

A. Training
B. Selection
C. Development
D. Research
Answer» D. Research
218.

The activities of designing and producing the container or wrapper for a product is

A. Labeling
B. Packaging
C. Style
D. Features
Answer» B. Packaging
219.

It leads to fixing up of starting and completion times for the various operations to be performed.

A. Corrective action
B. Routing
C. Scheduling
D. None of the above
Answer» C. Scheduling
220.

Factors that can affect the location includes

A. Power and Fuel
B. Proximity to markets
C. Labour supply
D. All of the above
Answer» D. All of the above
221.

__________refers to preserving goods in a protected environment.

A. Alteration
B. Inspection
C. Storage
D. Bargaining
Answer» C. Storage
222.

Operational objectives do not include

A. Profitability
B. Flexibility
C. Lower unit cost
D. Quality
Answer» A. Profitability

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