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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Statistical quality control and statistical process control is designed to find errors before they happen.
(True/False)
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Facility location is one of the functions of operations management planning.
(True/False)
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Millwell Manufacturing has just redesigned its facility layout to group similar equipment and functions together,and to allow flexibility in the sequence in which products are produced using these functions.Millwood's new layout is an example of the fixed position approach.
(True/False)
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Carol Preston is the plant manager for a firm that makes coats and jackets.She would like to use CAD/CAM techniques to be able to custom-make these items.Unfortunately,CAD/CAM is much better suited for producing industrial goods like machinery and equipment than it is at producing consumer goods like coats and jackets.
(True/False)
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Due to the growth of the Internet,the cost of labour is no longer an important consideration in location decisions of business firms.
(True/False)
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A basic characteristic of flexible manufacturing is that it:
(Multiple Choice)
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Which of the following statements about the impact of CAD/CAM on manufacturing is most accurate? CAD/CAM:
(Multiple Choice)
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ISO 9000 refers to a set of international standards for quality management and assurance.
(True/False)
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Operations management refers to activities managers perform to help their firms convert resources into:
(Multiple Choice)
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A limitation of current CAD/CAM technology is the complexity of such systems,which means that computers used in design are unable to communicate directly with the computer-aided machines used to manufacture goods.
(True/False)
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The fastest growing manufacturing firms in Canada are those that:
(Multiple Choice)
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A firm that has been certified as meeting both ISO 9000 and ISO 14000 standards has demonstrated:
(Multiple Choice)
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The value added by the creation of finished goods and services from inputs is called ownership utility.
(True/False)
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An assembly process involves physically or chemically manipulating raw materials to create a product.
(True/False)
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__________ involves computers directly in the production process.
(Multiple Choice)
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The assembly line layout remains the most popular layout for most processes.
(True/False)
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