ENGM 445 Mid Term Study Set
(Chapter 1)
1. Which three of the following industries are Beverages, power utilities, and
publishing.
classified as secondary industries: (a)
bev- erages, (b) financial services. (c)
fishing,
(d) power utilities, (e) publishing (f)
trans- portation
2. What percentage of the US's GDP is manu- 12%
facturing?
3. Name 2 primary industries. Agriculture and mining
4. Name some secondary industries. Manufacturing, construction, and power
utilities
5. Name some tertiary industries. Research, design, financial services,
distrib-
ution, maintenance, field service of
products, hospitality, travel industry,
government, etc.
6. Mining is classified as which one of Primary industry
the following industry categories:
(a) agricul- ture industry, (b)
manufacturing industry,
(c) primary industry, (d) secondary
indus- try, (e) service industry, or (f)
tertiary indus- try?
7. How many jobs are at risk of automation in 7.5 million
the next decade?
8. Technological definition of manufacturing The application of physical and
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17
, ENGM 445 Mid Term Study Set
(Chapter 1)
chemical
processes to alter the geometry,
properties, and/or appearance of a
given starting ma- terial to make
parts or products. It also in-
2/
17
, ENGM 445 Mid Term Study Set
(Chapter 1)
cludes assembly of multiple parts to make
products
9. Economic definition of manufacturing The transformation of materials into
items
of greater value by means of one or
more processing and/or assembly
operations
10. Consumer goods Products purchased directly by
consumers. (Cars, clothes, TVs,
tennis rackets)
11. Capital goods Products purchased by companies to
pro- duce goods and/or provide
services. (Air- craft, computers,
communication equip- ment, medical
apparatus, trucks, machine tools,
construction equipment)
12. Products purchased by companies to Capital goods
pro- duce products or provide
services are called which one of
the following: (a) as- sembled
products, (b) capital goods, (c)
consumer goods, (d) final products, or
(e) manufactured products
13. Production range: Low, Medium, High 1-100, 100-10000, 10000+
14. Soft product variety Small ditterences between products
15. Hard product variety Products ditter substantially
3/
17
(Chapter 1)
1. Which three of the following industries are Beverages, power utilities, and
publishing.
classified as secondary industries: (a)
bev- erages, (b) financial services. (c)
fishing,
(d) power utilities, (e) publishing (f)
trans- portation
2. What percentage of the US's GDP is manu- 12%
facturing?
3. Name 2 primary industries. Agriculture and mining
4. Name some secondary industries. Manufacturing, construction, and power
utilities
5. Name some tertiary industries. Research, design, financial services,
distrib-
ution, maintenance, field service of
products, hospitality, travel industry,
government, etc.
6. Mining is classified as which one of Primary industry
the following industry categories:
(a) agricul- ture industry, (b)
manufacturing industry,
(c) primary industry, (d) secondary
indus- try, (e) service industry, or (f)
tertiary indus- try?
7. How many jobs are at risk of automation in 7.5 million
the next decade?
8. Technological definition of manufacturing The application of physical and
1/
17
, ENGM 445 Mid Term Study Set
(Chapter 1)
chemical
processes to alter the geometry,
properties, and/or appearance of a
given starting ma- terial to make
parts or products. It also in-
2/
17
, ENGM 445 Mid Term Study Set
(Chapter 1)
cludes assembly of multiple parts to make
products
9. Economic definition of manufacturing The transformation of materials into
items
of greater value by means of one or
more processing and/or assembly
operations
10. Consumer goods Products purchased directly by
consumers. (Cars, clothes, TVs,
tennis rackets)
11. Capital goods Products purchased by companies to
pro- duce goods and/or provide
services. (Air- craft, computers,
communication equip- ment, medical
apparatus, trucks, machine tools,
construction equipment)
12. Products purchased by companies to Capital goods
pro- duce products or provide
services are called which one of
the following: (a) as- sembled
products, (b) capital goods, (c)
consumer goods, (d) final products, or
(e) manufactured products
13. Production range: Low, Medium, High 1-100, 100-10000, 10000+
14. Soft product variety Small ditterences between products
15. Hard product variety Products ditter substantially
3/
17
