TEST ECO 1BACH LOMLOE 1A06 - Created by Antonio Ginés

The management function of the company decides how the objectives of the company are to be achieved through ___, organization, coordination and control
1. Planning
2. Improvisation
3. The other answers are correct
Productivity is connected with the continuous improvement of Quality Management Systems and thanks to this Quality System people can prevent quality defects by prevening the form reaching ___
1. Maker
2. End user
3. The other answers are correct
What would be te marginal product for three workers if the total products, according to the number of workers are: 1-3,000, 2-5,800, 3-8,300?
1. 17,100
2. 2,500
3. 2,766.67
The classification of companies according to ___ distinguishes among: micro-enterprise, small-sized company, medium-sized company and large company
1. The other answers are correct
2. The legal form
3. The size
The management function of the company decides how the objectives of the company are to be achieved through planning, organization, ___ and control
1. The other answers are correct
2. Incoordination
3. Coordination
What criteria can be used to classify companies according to size?
1. Own capital
2. Foreign capital
3. The other answers are correct
___ economists use the three factors that Adam Smith defined
1. Classical
2. Neoclassical
3. The other answers are correct
What would be the marginal product for three workers if the average products, according to the number of workers are: 1-4,300, 2-3,800, 3-3,000?
1. 900
2. 1,400
3. 800
If we make more bread we need ___ flour
1. The other answers are correct
2. Less
3. More
The production factors are the ___ resources that, when combined in the production process, add value in the production of goods and services
1. The other answers are correct
2. Material
3. Intangible
___ capital is understood as tools and machinery
1. Natural
2. Physical
3. The other answers are correct
The negative profit is called ___
1. Spent
2. Loss
3. The other answers are correct
One ___ has more than five hundred workers
1. Medium-sized company
2. The other answers are correct
3. Big company
Classical economists use the three factors that ___ defined
1. Adam Smith
2. John Maynard Keynes
3. The other answers are correct
Intangible capital is the ___ production factor
1. Third
2. Fourth
3. Second
Investment makes the volume of production factors ___
1. Decrease
2. Increase
3. The other answers are correct
What would be the total product for three workers if the marginal products, according to the number of workers are: 1-5,300, 2-4,800 and 3-3,000?
1. 1,800
2. 9,000
3. 13,100
Lower productivity typically results in ___ profitability for the company
1. Lower
2. Higher
3. The other answers are correct
Productivity rates ___
1. The ability of a system to create the products that people want
2. The other answers are correct
3. The degree to which they make use of the resources used
Neoclassical economists use ___
1. None of the other answers is correct
2. Land, labor and capital
3. Capital and labor
In the knowledge economy and business development produced since the end of the 20th century, people consider technology and science to be a ___ production factor that characterizes more and more production in industrial countries
1. Fourth
2. Third
3. Second
The company is the ___ economic unit that is responsible for satisfying the needs of the market using material, human, financial and technical resources
1. Complex
2. Basic
3. The other answers are correct
Livestock belong to ___ sector
1. Tertiary
2. Secondary
3. Primary
Firms in the primary sector create utility from goods when ___
1. They obtain resources from nature
2. They convert some goods into more useful ones
3. The other answers are correct
What is the most used criterion to classify companies according to their size?
1. The profits
2. The number of workers
3. The other answers are correct