Which of the Following Is an Advantage or Characteristic of Product

question 97

Multiple Choice

Which of the following is an advantage or characteristic of product layout over process layout when volumes are high?

• A) Resources are relatively general-purpose and less capital-intensive.
• B) The layout is less vulnerable to changes in product mix or new marketing strategies.
• C) Employee supervision can be more specialized.
• D) Less unproductive time lost to changeovers and materials handling.

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Definitions:

Health Insurance Coverage

A form of insurance that covers the whole or part of the risk of a person incurring medical expenses.

Cafeteria-Style Plans

Flexible benefit plans allowing employees to choose from a variety of pre-tax benefits options to create a package tailored to their personal needs and preferences.

Flexible Spending Accounts

Tax-advantaged accounts that allow employees to save pre-tax dollars for eligible health care and dependent care expenses.

Defined-Benefit Plans

A type of pension plan where an employer promises a specified pension payment upon retirement, which is determined based on the employee’s earnings history, tenure of service, and age.