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5. Transferring Risk to Another Party Is Typically Done Through: A. Budget Planning B. Increasing Capital Reserves C. Insurance

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5. Transferring risk to another party is typically done through: A. Budget planning B. Increasing capital reserves C. Insurance policies or outsourcing D. Reducing workforce size 6. A machine produces 600 units in 8 hours. What is the machine productivity? A. 75units/hour C. 50units/hour B. 80units/hour D. 600units/hour 7. A company's output increases by 10% but its input costs remain the same. What happens to productivity? A. Productivity increases C. Productivity decreases B. Productivity remains unchanged D. Productivity cannot be determined 8. A company improved productivity leading to an additional 10,000 in profit. If the input costs remained the same, this is an example of: A. Input efficiency improvement C. Profit-linked productivity B. Output maximization without efficiency D. Cost allocation 9. If a company increases its selling price from 15 to 18 and it sells 500 units, what is the total price recovery component? A. 1,500 B. 500 C. 3,000 D. 1,000 10. Which of the following is an example of a metric used in the internal processes perspective of the Balanced Scorecard? A. Return on investment (ROI) C. Employee satisfaction surveys B. Manufacturing cycle time D. Customer retention rate 11. The customer perspective in the Balanced Scorecard measures: A. The number of new products introduced in the market B. Customer satisfaction, retention and acquisition C. Operational cost efficiency D. Employee turnover rate 12. What is a key benefit of using the Balanced Scorecard in performance measurement? A. It focuses exclusively on financial data B. It allows managers to monitor performance from multiple perspectives C. It ignores customer related metrics D. It requires no updates once it is implemented 13. A company has budgeted fixed costs of 20,000 and variable costs of 10 per unit. If the company produces 3,000 units, what are the total budgeted costs? A. 30,000 B 50,000 C. 20,000 D. 10,000 14. In Kaizen, which of the following is a key role of management? A. Solely setting financial targets for cost savings B. Providing support and encouragement for employee suggestions C. Avoiding involvement in day-to-day operations D.Outsourcing Kaizen initiatives to external vendor If electronic communication tools like mobile phones, con computers, tablets, etC. will not be in an open and.

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5. Transferring risk to another party is typically done through:C. Insurance policies or outsourcing6. A machine produces 600 units in 8 hours. What is the machine productivity?A. 7. A company's output increases by but its input costs remain the same. What happens to productivity?A. Productivity increases8. A company improved productivity leading to an additional 10,000 \ to 18 \ 10. Which of the following is an example of a metric used in the internal processes perspective of the Balanced Scorecard?B. Manufacturing cycle time11. The customer perspective in the Balanced Scorecard measures:B. Customer satisfaction, retention and acquisition12. What is a key benefit of using the Balanced Scorecard in performance measurement?B. It allows managers to monitor performance from multiple perspectives13. A company has budgeted fixed costs of 20,000 \ per unit. If the company produces 3,000 units, what are the total budgeted costs?B. 50,000$14. In Kaizen, which of the following is a key role of management?B. Providing support and encouragement for employee suggestions