Exam 21: Managing Operations
Exam 1: The Entrepreneurial Life107 Questions
Exam 2: Integrity and Ethics: Foundations for Success in Small Business105 Questions
Exam 3: Starting a Small Business125 Questions
Exam 4: Franchises and Buyouts118 Questions
Exam 5: The Family Business95 Questions
Exam 6: The Business Plan: Visualizing the Dream111 Questions
Exam 7: The Marketing Plan137 Questions
Exam 8: The Organizational Plan: Teams, Legal Structures, Alliances, and Directors144 Questions
Exam 9: The Location Plan109 Questions
Exam 10: Understanding a Firms Financial Statements135 Questions
Exam 11: Forecasting Financial Requirements74 Questions
Exam 12: A Firms Sources of Financing150 Questions
Exam 13: Planning for the Harvest90 Questions
Exam 14: Building Customer Relationships100 Questions
Exam 15: Product Development and Supply Chain Management126 Questions
Exam 16: Pricing and Credit Decisions130 Questions
Exam 17: Promotional Planning117 Questions
Exam 18: Global Opportunities for Small Business126 Questions
Exam 19: Professional Management and the Small Business99 Questions
Exam 20: Managing Human Resources123 Questions
Exam 21: Managing Operations139 Questions
Exam 22: Managing the Firms Assets119 Questions
Exam 23: Managing Risk in the Small Business142 Questions
Exam 23: A: Managing Risk in the Small Business142 Questions
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Which aspect is the most descriptive of a product operations as opposed to a service operations?
(Multiple Choice)
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If a small plumbing company is installing a TQM program, management should be aware that
(Multiple Choice)
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According to The American Society for Quality, what features are necessary for TQM?
(Essay)
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After defining operations management, discuss operational factors that will impact a firm's performance.
(Essay)
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Match the term with its definition. Some terms may not be used.
-A form of manufacturing with output that more closely resembles a product stream than individual products
(Multiple Choice)
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Match the term with its definition. Some terms may not be used.
-The processes used to create and deliver a product or service
(Multiple Choice)
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Match the term with its definition. Some terms may not be used.
-The standards governing international certification of a firm's quality management procedures
(Multiple Choice)
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Operations refers to the processes used to create and deliver a good or service.
(True/False)
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Match the term with its definition. Some terms may not be used.
-An index that determines the quantity to purchase in order to minimize total inventory costs
(Multiple Choice)
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The traditional method of maintaining product quality has been the
(Multiple Choice)
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Match the term with its definition. Some terms may not be used.
-The features of a product or service that enable it to satisfy customers' stated and implied needs
(Multiple Choice)
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If a small fencing company wants to check the length of fence posts to determine if they are acceptable, a(n) ______ should be used.
(Multiple Choice)
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Which operations factor is centered around a firm's production capacity?
(Multiple Choice)
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Match the term with its definition. Some terms may not be used.
-A method for keeping a running record of inventory
(Multiple Choice)
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Match the term with its definition. Some terms may not be used.
-Contracting with a third party to take on and manage one or more of a firm's functions
(Multiple Choice)
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Jasper operates a machine shop. Orders from his customers are small but his machines can easily be set up to make other items for different customers. This type of manufacturing is known as:
(Multiple Choice)
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Myra operates a punch press on a production line. Because she is slower than the operators both before and after her in the process, work stacks up at her press. Myra is a:
(Multiple Choice)
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How can supplier performance be measured when selecting a new supplier? Discuss the SCOR model followed by other suggestions for good relations.
(Essay)
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