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General Questions related to SME in the field of Entrepreneurship: 32. Productio

ID: 434446 • Letter: G

Question

General Questions related to SME in the field of Entrepreneurship:

32. Production process has 2 controlling: 1. Spider departments 2. Sequential departments 3. Vertical departments 4. Virtual departments 33. SME high turnover is always 1. Positive 2. Recommended 4. Compensating 1. Only when needed 3. To offer training only 3. Negative 34. SME hiring external consultants must be: 2. Permanent 4. All the above 5. Only 1 and 3 35. In inventory management feedback usually from: 1. Suppliers 2. Manufacturers 3. 4. 5. Assemblers All the above None of the above 36. SME major job satisfaction is: 1. Job markets 2. Job EOE/equity 3. Job interviews 4. All the above 5. None of the above 37. SME future planning requires: 1. Forecasting 2. Risk management 3. Promoting leadership 4. 5. All the above None of the above

Explanation / Answer

32) 3

The production process is controlled by 2 vertical departments which are sales and operations. Basis that, production process is determined

33) 2

It is always recommended to have high turnover so as to increase the profit percentage and help SME to grow

34) 5

The external consultant are helpful when needed and for training. If hired permanently, it is an add on cost

35) 4

The feedback on inventory management comes from all like manufacturer, supplier and assemblers to get the accurate picture as all hold material which can be part of inventory

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