Exam 17: Om: Putting It All Together Endnotes
Exam 1: Business Now: Change Is the Only Constant190 Questions
Exam 2: Economics: the Framework of Business194 Questions
Exam 3: The World Marketplace: Business Without Borders204 Questions
Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good201 Questions
Exam 5: Business Communication: Creating Delivering Messages That Matter195 Questions
Exam 6: Business Formation: Choosing the Form That Fits198 Questions
Exam 7: Small Business Entrepreneurship: Economic Rocket Fuel195 Questions
Exam 8: Accounting: Decision Making by the Numbers198 Questions
Exam 9: Finance: Acquiring Using Funds to Maximize Value200 Questions
Exam 10: Securities Markets: Trading Financial Resources196 Questions
Exam 11: Marketing: Building Profitable Customer Connections191 Questions
Exam 12: Product and Promotion: Creating and Communicating Value204 Questions
Exam 13: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price198 Questions
Exam 14: Management, Motivation, and Leadership: Bringing Business to Life198 Questions
Exam 15: HRM: Building a Top Quality Workforce197 Questions
Exam 16: Managing Information Technology: Finding New Ways to Learn and Link200 Questions
Exam 17: Om: Putting It All Together Endnotes198 Questions
Exam 18: Appendix Studentinstructor Review Cards75 Questions
Exam 19: Online Appendix72 Questions
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(True/False)
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Operations management is concerned with all of the activities involved in creating value by producing goods and services and distributing them to customers.
(True/False)
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In a lean manufacturing system, all organizations in the supply chain use the justintime approach.
(True/False)
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The inventory level at Middleton Enterprises currently far exceeds the level needed for normal operations. Which of the following does NOT support this situation?
(Multiple Choice)
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Jeremy's Burger Palace is usually packed around lunch and dinner. The customers have to wait for their turn to come and this leads to much frustration. One way Jeremy could better manage its peak hours is by increasing its business in the offpeak times by offering an early bird special for customers that visit during the hours of 2:00 and 4:00 p.m.
(True/False)
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Over the past 50 years operations managers have realized it is more important to keep waste disposal costs low than it is to worry about being socially responsible.
(True/False)
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CAD/CAM is software that is used to design output and send instructions to automated equipment to perform the steps needed to produce this output.
(True/False)
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Which of the following is used by engineers at major automobile manufacturing firms to create blueprints and threedimensional drawings?
(Multiple Choice)
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The newest set of ISO standards, known as _____, focuses on environmental management and encourages firms to minimize harm to the natural environment and improve environmental practices.
(Multiple Choice)
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The competitive and global nature of markets today requires operation managers to change their views on the production and distribution of goods and services from a cost perspective to a value perspective.
(True/False)
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Which of the following best describes a characteristic of Six Sigma?
(Multiple Choice)
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TQM relies on a small cadre of quality experts to exert complete control over an organization's quality assurance efforts.
(True/False)
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What is ISO and how does it help buyers and sellers in global markets? Explain and describe the ISO 9000 certification process and its relevance to an organization's standard of operations.
(Essay)
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Tata Motors is India's manufacturer of the "People's Car." This new, small car boasts an affordable price tag of about $2,500. The firm is keeping costs down by eliminating large assembly line manufacturing sites and high transportation costs. Workers prepare "kits" that are shipped to final retail destinations. The kits are assembled by trained technicians at the retail level. This is an example of:
(Multiple Choice)
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Computeraided manufacturing is software that is primarily used by to test, analyze, and optimize designs. This type of software frequently allows engineers to catch design flaws before production.
(True/False)
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Operations management is more concerned with efficiency than with effectiveness.
(True/False)
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The Stock N Stuffer company produces small, inexpensive toys and novelties that are often used as stocking stuffers during Christmas season. Almost half of all of the company's sales comes between November 1st and December 24th. Stock N Stuffer is likely to find that it makes sense to build up relatively large inventories of goods over the summer and fall months.
(True/False)
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_____ software enables users to test, analyze, and optimize their designs.
(Multiple Choice)
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_____ software provides powerful drawing and drafting tools that enable users to create and edit blueprints and make drawings quickly and easily. These programs allow users to create threedimensional drawings.
(Multiple Choice)
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