Exam 1: Operations Management

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The four primary functional areas of a firm are marketing,finance,operations,and human resources.

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Productivity increases enable a nation to raise its standard of living.

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Productivity is the most common measure of competitiveness.

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The production system that prizes flexibility over efficiency and quality over quantity is known as

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Ensuring good quality underlies all operational decisions.

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Emphasizing the strategic role of operations enhances the competitiveness of Canadian companies.

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All of the following are characteristics of today's consumer market except

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The adaptation of mass production to emphasize efficiency,rather than quality is known as lean production.

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An order qualifier is a customer criterion that wins the order.

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Companies go global to

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Single factor productivity compares output to an individual input.

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A transformation process is a series of activities from supplier to customer that add value to a product or service.

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A warehouse operation is an example of a physical transformation process.

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The major factors impacting globalization of the supply chain include all the following except

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Deployment is a step in strategy formulation that evaluates the alignment between core competencies and order winners.

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Order winners and order qualifiers change over time in response to the dynamics of changing market conditions.

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The ratio of a firm's monthly output to the number of labour hours used in the same month would be a measure of

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The systematic analysis of work methods is known as scientific management.

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