Lean production________________?

A. Combines the best features of craft and mass production
B. Has as its goal perfection
C. Pushes responsibility down the organizational ladder
D. All of the above

What percent of total work hours must be used to fix errors that occur on the assembly line in mass-production plants ?

A. 50%
B. 25%
C. 35%
D. 40%

What kind of labor does the craft method require ?

A. Untrained and unskilled
B. High-cost, highly skilled
C. Lean skilled and motivated
D. Untrained and unmotivated

The cottage or putting-out system refers to_________________?

A. The housing given factory workers
B. The fact that in early industrialization work was done in the home
C. A type of architecture popular in britain
D. The way young people were put out to go work in factories

Products of the economy used in production as opposed to gifts of nature are______________?

A. Land
B. Labor
C. Capital
D. Entrepreneurship

An accountant is part of which sector ?

A. Primary
B. Secondary
C. Tertiary
D. Quaternary

If a broad spectrum of the population is surveyed at a given time the study is called______________?

A. Longitudinal
B. Inferential
C. Descriptive
D. Cross sectional

Political science has taken a turn toward the social sciences in its studies of__________________?

A. Law and administration
B. The moral effects of government policies
C. Work as a source of identity
D. The social impact of government on groups and individuals

The participants in a market include_____________?

A. Households
B. Firms
C. Governments
D. All of the above

Taxes may be considered_____________?

A. Additions to the circular flow
B. Withdrawals from the economic flow
C. Injections into the economic flow
D. As not affecting the economic flow