Exam 10: Producing World-Class Goods and Services
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment247 Questions
Exam 2: How Economic Issues Affect Business192 Questions
Exam 3: Competing in Global Markets231 Questions
Exam 4: The Role of Government in Business143 Questions
Exam 5: Ethics and Social Responsibility175 Questions
Exam 6: Forms of Business Ownership220 Questions
Exam 7: Entrepreneurship and Starting a Small Business224 Questions
Exam 8: Management and Leadership254 Questions
Exam 9: Adapting Organizations to Todays Markets278 Questions
Exam 10: Producing World-Class Goods and Services180 Questions
Exam 11: Motivating Employees278 Questions
Exam 12: Human Resource Management: Finding and Keeping the Best Employees275 Questions
Exam 13: Understanding Employeemanagement Issues and Relations170 Questions
Exam 14: Marketing: Building Customer and Stakeholder Relationships217 Questions
Exam 15: Managing the Marketing Mix: Product, Price, Place, and Promotion346 Questions
Exam 16: Understanding Accounting and Financial Information335 Questions
Exam 17: Financial Management273 Questions
Exam 18: The Financial Services Industry in Canada109 Questions
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Which of the following statements about facility location is most accurate?
(Multiple Choice)
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______________ means tailoring products to meet the needs of a large number of individual customers.
(Multiple Choice)
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Wild Bill's Cap Emporium offers to produce hats and caps according to customers' requests.Wild Bill's must be using a(n):
(Multiple Choice)
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An example of the growing importance of services is in the area of corporate computing.
(True/False)
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Operations management planning includes such issues as facility location and facility layout.
(True/False)
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Using computers is one way the service sector is improving productivity.
(True/False)
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X-Sport Industries is a Canadian based manufacturer of sporting goods.Until recently,all of its sales were within Canada.However,it has decided to make a major push to sell its products in the European Union.In order to succeed in this new market X-Sport will need to:
(Multiple Choice)
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Juan is a manager at Elastic Plastic,Inc.His duties include production scheduling and keeping tabs on the company's inventory.These activities suggest that Juan is involved in marketing management.
(True/False)
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_________ manufacturing has made mass customization possible.
(Multiple Choice)
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In a(n)___________ layout,similar equipment and functions are grouped together,but the order in which a product visits each function depends on how the item is designed.
(Multiple Choice)
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A production process characterized by long production runs to turn out finished goods over time is known as a(n):
(Multiple Choice)
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One limitation of MRP is that it is not a computer-based approach.
(True/False)
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Which of the following did Canada rely on to sustain its exports?
(Multiple Choice)
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Billie just graduated with high honours with a degree in operations management from a respected university.The knowledge she gained and skills she developed while obtaining this degree could make her an attractive employee for either a manufacturing firm or a service firm.
(True/False)
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So far,the high cost of CAD/CAM techniques has limited their use to large,expensive manufactured goods such as automobiles.
(True/False)
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Logistics dictates that your business also has to be concerned with minimizing the cost of your inputs.
(True/False)
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In the future,the service sector will become a larger part of the economy.
(True/False)
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The main difference between process manufacturing and an assembly process is that process manufacturing uses sophisticated robots and automated machinery to produce a good or service,while an assembly process uses labour and simple tools to make a product.
(True/False)
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