Term Paper Art History - 1409 Words

Fall 2012 Prof. Sudit Cost and Quality Management – Answers to Assignment VI 1. Productivity can be thought of as: A) the relationship between what is produced and what is required to produce it. B) doing more with less. C) the ratio of output to input. D) only A and C are correct. E) answers A, B and C are all correct. 2. A primary objective in measuring productivity is to improve operations either by using fewer inputs to produce the same output, or to produce: A) more quickly. B) more effectively. C) with fewer constraints. D) more outputs with the same inputs. E) more†¦show more content†¦14. Sales volume variances can have significant implications for strategic management. It may indicate that the market: A) may be smaller than originally planned. B) mix is different than initial estimates. C) is stronger than previously thought. D) needs a more aggressive strategy. E) all of the above. 15. In analyzing factors attributable to the change in a firms operating income from one year to the next, which of the following effect(s) may be included in the price-recovery factor? | Revenue Effect | Cost Effect | A) | Yes | Yes | B) | Yes | No | C) | No | Yes | D) | No | No | 16. In analyzing factors attributable to the change in a firms operating income from one year to the next, which of the following effect(s) may be included in the growth factor? | Revenue Effect | Cost Effect | A) | Yes | Yes | B) | Yes | No | C) | No | Yes | D) | No | No | 17. In analyzing the change in a firms operating income from one year to the next, which of the following factors measures the change attributable solely to the change in the quantity of inputs spent in year 2 relative to the quantity of inputs that would have been used in year 1 to produce the year 2 output? A) Growth. B) Price-recovery. C) Productivity. D) Cost effect. E) Purchase price. 18. Which of the following factor(s) is (are) likely to be significant for a firm with a successful cost leadership strategy?Show MoreRelatedThe History of Graphic Design Essay1085 Words   |  5 PagesHistory of Graphic Design Thesis Graphic design is an art that has undergone a lot of revolution in terms of both the historical context and the relevance and significance of art in various aspects of life. Graphic design has one of the longest histories, dating back to prehistoric and medieval era to the modern era of the modernists. 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