ABM 401 Agribusiness Management -II (2+1)

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ABM 401 Agribusiness Management -II (2+1)

Part 1 of 3 - Multiple Choice 2.5/ 7.5 Points Question 1 of 15 0.5/ 0.5 Points Inventory used to protect against the uncertainties are called A. Transit Inventory B. Buffer Inventory C. Anticipation Inventory D. Cycle Inventory Answer Key: B Question 2 of 15 0.5/ 0.5 Points A stored quantity of goods that exceeds what is needed for the firm to function at the current time called A. Stock B. Inventory C. Supply D. Preserve Answer Key: B Question 3 of 15 0.5/ 0.5 Points Leadership is the ability of management to induce sub-ordinates work towards group ideas. A. Robert C. Appleby B. Chester Barnard C. Sherman D. Robert Barnard Answer Key: A Question 4 of 15 0.0/ 0.5 Points The combination of school and on the job training is called A. On the job training B. Outside training C. Apprenticeship training D. Internship Answer Key: D Question 5 of 15 0.0/ 0.5 Points Production system suitable to produce heterogeneous products against customer's specification called A. Continuous production B. Job or unit production C. Intermittent production D. Constant production Answer Key: B Question 6 of 15 0.0/ 0.5 Points It is a process that involves exchange of information, thoughts, ideas and emotions. A. Communication B. Leadership C. Motivation D. Management Answer Key: A Question 7 of 15 0.0/ 0.5 Points It tries to eliminate jobs monotonous, unrewarding jobs and an over-controlled authority structure. A. Job enrichment B. Job specification C. Personality tests D. Job analysis Answer Key: A Question 8 of 15 0.0/ 0.5 Points Purchase of materials that are crucial to the support of the firm's distinctive competence is called A. Strategic buying B. Transactional buying C. Indirect buying D. Direct buying Answer Key: A Question 9 of 15 0.0/ 0.5 Points It refers to continuing education of the person in the area of employment, and provide opportunities for other career paths. A. Professional development B. Personnel development C. Individual development D. Training Answer Key: A Question 10 of 15 0.0/ 0.5 Points Once physiological needs are met, one's attention turns to A. Safety and security needs B. Social Needs C. Esteem needs D. Need for belonging Answer Key: A Question 11 of 15 0.0/ 0.5 Points Father of scientific management A. Frederick Taylor B. W. Edward Deming, C. Joseph M. Juran D. Philip B. Crosby Answer Key: A Question 12 of 15 0.0/ 0.5 Points It present an in depth description of a particular problem A. Case studies B. Experiential Exercises C. Demonstrations D. Discussions Answer Key: A Question 13 of 15 0.0/ 0.5 Points Costs that result from maintaining the inventory are called A. Holding costs B. Ordering costs C. Storage cost D. Fixed costs Answer Key: A Question 14 of 15 0.5/ 0.5 Points Unrestrained communication between people who share a casual rapport with each other is called A. Informal communication B. Formal communication C. External communication D. Internal communication Answer Key: A Question 15 of 15 0.5/ 0.5 Points It describes the entire process of materials and products moving into, through, and out of firm. A. Logistics B. Materials management C. Physical distribution D. Inbound logistics Answer Key: A

Part 2 of 3 - True or False 5.0/ 7.5 Points Question 1 of 15 0.5/ 0.5 Points Evaluation is the process of assessing work against the work requirements. True False Answer Key: True Question 2 of 15 0.0/ 0.5 Points Strategic production decisions focus on what customers want and the market demands True False Answer Key: True Question 3 of 15 0.5/ 0.5 Points Employee commitment is increased with the opportunity to discover and use one's capabilities and potential in one's work. True False Answer Key: True Question 4 of 15 0.0/ 0.5 Points Leadership is just one of the many assets a successful manager must possess. True False Answer Key: True Question 5 of 15 0.5/ 0.5 Points Inventory may be kept for both immediate use and future use True False Answer Key: True Question 6 of 15 0.5/ 0.5 Points Cognitive views of motivation stress that human behavior is influenced by the way people think about themselves and their environment. True False Answer Key: True Question 7 of 15 0.5/ 0.5 Points Human resource management (HRM) ensure the effective utilization of employees toward the attainment of individual, group, and organizational goals. True False Answer Key: True Question 8 of 15 0.5/ 0.5 Points Recruitment may be described as an activity that aims to bring job seekers (applicant) and job giver (employer) in contact with one another. True False Answer Key: True Question 9 of 15 0.0/ 0.5 Points Inbound logistics covers the movement of material received from customer. True False Answer Key: False Question 10 of 15 0.0/ 0.5 Points A supply chain is the link between a firm and its suppliers and producer. True False Answer Key: False Question 11 of 15 0.5/ 0.5 Points E-procurement technologies increased administrative burdens and costs. True False Answer Key: False Question 12 of 15 0.0/ 0.5 Points Workers can be motivated in piece meal or parts. True False Answer Key: False Question 13 of 15 0.5/ 0.5 Points TQM is an integrative philosophy of management for continuously improving the quality of products and processes. True False Answer Key: True Question 14 of 15 0.5/ 0.5 Points The form designing includes decisions regarding its shape, size, color and appearance of the product. True False Answer Key: True Question 15 of 15 0.5/ 0.5 Points The functional design involves the working conditions of the product. True False Answer Key: True

Part 3 of 3 - Short Answers 0.0/ 0.0 Points III. Briefly answers any five questions                        (05 x 1.00 = 5.00) 1. Production planning 2. Logistics 3. Personnel selection 4. Motivation 5. Marketing Environment 6. Forecasting Question 1 of 6 0.0/ 0.0 Points Production planning Question 2 of 6 0.0/ 0.0 Points Logistics Describe the entire process of materials and products moving into through and out of firm. it involves the integration of information, transportation, inventory, warehousing, and packaging. Question 3 of 6 0.0/ 0.0 Points Personnel selection It is the process used to identify and hire individuals or groups of individuals to fill vacancies with in the an organization. Question 4 of 6 0.0/ 0.0 Points Motivation Motivation is typically defined as the forces that account for the stimulation,selection,direction and continuation of behaviour. Question 5 of 6 0.0/ 0.0 Points Marketing Environment marketing environment is a marketing term and refers to all of the forces outside of the marketing that affects marketing management’s ability to build and maintain successful relationships with target customers. Question 6 of 6 0.0/ 0.0 Points Forecasting

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