Exam 7: Operations Management and Quality
Exam 1: The U.S. Business Environment110 Questions
Exam 2: Understanding Business Ethics and Social Responsibility106 Questions
Exam 3: Entrepreneurship, New Ventures, and Business Ownership124 Questions
Exam 4: Understanding the Global Context of Business106 Questions
Exam 5: Managing the Business106 Questions
Exam 6: Organizing the Business108 Questions
Exam 7: Operations Management and Quality119 Questions
Exam 8: Employee Behavior and Motivation114 Questions
Exam 9: Leadership and Decision Making112 Questions
Exam 10: Human Resource Management and Labor Relations124 Questions
Exam 11: Marketing Processes and Consumer Behavior116 Questions
Exam 12: Developing and Pricing Products110 Questions
Exam 13: Distributing and Promoting Products116 Questions
Exam 14: Information Technology (IT)for Business108 Questions
Exam 15: The Role of Accountants and Accounting Information109 Questions
Exam 16: Understanding Money and the Role of Banking110 Questions
Exam 17: Managing Business Finances118 Questions
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Describe the differences among transportation, warehousing, and inventory control in the materials management process.
(Essay)
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In a low-contact system, the customer must be a part of the system to receive the service.
(True/False)
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Which of the following refers to the receiving, storing, handling, and counting of all raw materials, partly finished goods, and finished goods?
(Multiple Choice)
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The goal of supply chain management is better overall flow in the system.
(True/False)
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Value-added analysis might focus on both the elimination of waste and cost minimization.
(True/False)
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Which of the following is the ability of a product to satisfy a human want or need?
(Multiple Choice)
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Materials management involves the flow of materials inside of the production facility, while distribution management involves the flow of finished goods.
(True/False)
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Staff schedules identify which products will be produced and when.
(True/False)
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A detailed schedule will consider employees' needs and the company's efficiency and cost, including demand for production.
(True/False)
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Machine, woodworking, and dry cleaning shops typically use which type of layout?
(Multiple Choice)
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Which of the following terms includes all activities involved in getting quality products into the marketplace?
(Multiple Choice)
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In which of the following is the customer part of the system during service delivery?
(Multiple Choice)
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Which term is defined as the combination of "characteristics of a product or service that bear on its ability to satisfy stated or implied needs"?
(Multiple Choice)
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In a same-steps layout, equipment and people are set up to produce one type of good in a fixed sequence of steps and are arranged according to its production requirements.
(True/False)
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A value chain includes an entire network of firms, beginning with suppliers and ending when production is complete.
(True/False)
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Because supply chain strategy is based on the collective effort of a number of firms, no one firm in the chain gains a competitive advantage.
(True/False)
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