Questions


March 2021 1 77 Report
Mark the statement with a ✓ if the statement is true and if false, correct - the italicized word by writing the appropriate term.
1
The 4Ms serves as the process in the IPO of a business.
2
Manpower is considered as the most significant factor of
production.
3
Product to produce is a factor to consider in the selection staff.
4
Entrepreneurs who usually use intermittent production system are
furniture makers, manufacturers of farm equipment tailors and
goldsmiths.
5
Equipment capacity is a factor to consider in choosing materials to
use.
6
Waste that may be produced is a factor to consider in choosing
materials to use.
7
Supply chain signifies the phases and stages the product or service
goes through to reach consumers
8
Value chain managers search for possible opportunities to add value
to the business.
9
The plan of the company for making profit is called business model.
10 More investors will be more interested in financing your business
uanture if you could provide them of thoughtfully done business​

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