Exam 17: Operations Management: Putting It All Together
Exam 1: Business Now: Change Is the Only Constant51 Questions
Exam 2: Economics: The Framework for Business51 Questions
Exam 3: The World Marketplace: Business Without Borders50 Questions
Exam 4: Business Ethics and Social Responsibility: Doing Well by Doing Good50 Questions
Exam 5: Business Communication: Creating and Delivering Messages that Matter50 Questions
Exam 6: Business Formation: Choosing the Form that Fits50 Questions
Exam 7: Small Business and Entrepreneurship: Economic Rocket Fuel50 Questions
Exam 8: Accounting: Decision Making by the Numbers50 Questions
Exam 9: Finance: Acquiring and Using Funds to Maximize Value52 Questions
Exam 10: Financial Markets: Allocating Financial Resources50 Questions
Exam 11: Marketing: Building Profitable Customer Connections50 Questions
Exam 12: Product and Promotion: Creating and Communicating Value50 Questions
Exam 13: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price50 Questions
Exam 14: Management, Motivation and Leadership: Bringing Business to Life50 Questions
Exam 15: Human Resources Management: Building a Top Quality Workforce50 Questions
Exam 16: Managing Information and Technology: Finding New Ways to Learn and Link50 Questions
Exam 17: Operations Management: Putting It All Together50 Questions
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_____ ensure that goods produced in one country will meet the requirements of buyers in another country.
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(Multiple Choice)
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Correct Answer:
C
_____ software enables users to test, analyze, and optimize their designs through computer simulations.
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(Multiple Choice)
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Correct Answer:
B
How are leading firms trying to become "greener" in their approach?
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(Essay)
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Many of today's leading firms have tried to become "greener" by finding environmentally friendly ways to carry out the processes needed to produce and distribute their goods and services. Green practices include designing facilities to be more energy efficient; using renewable energy sources such as wind, solar, or geothermal power when possible; making use of recyclable materials; switching to paints, lubricants, cleaning fluids, and solvents that are less harmful to the environment; and even providing labeling to help consumers find out which products are the most environmentally friendly.
Which of the following statements is true of TQM (Total Quality Management)?
(Multiple Choice)
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Which of the following is a disadvantage of holding larger inventories?
(Multiple Choice)
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The type of process that integrates computer software with automated systems is known as Computer-aided design/computer-aided manufacturing.
(True/False)
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Mr. Chase has opened a custom furniture business and is concerned about the costs associated with storing raw materials, machinery, and finished products. Mr. Chase should consider using a method of production known as just-in-time (JIT)production to help control his inventory costs.
(True/False)
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One benefit of the Baldrige National Quality Program is that all participants receive between $1,000 and $6,000 to implement a companywide program to minimize harm to the environment.
(True/False)
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Better quality improves effectiveness since consumers perceive high-quality goods as having greater value than low-quality goods.
(True/False)
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When determining the type of process that works the best and how this process should be organized, one of the key considerations is the type of material used in that production.
(True/False)
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Paul, an employee at a well-established bank, offers free financial advice to account holders. Paul is offering a _____.
(Multiple Choice)
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David works in a small manufacturing firm that makes customized and ergonomically sound office furniture. He feels it is important to work directly with customers to design high-quality furniture that precisely meets their needs. From the given information, we can conclude that David tends to focus on _____.
(Multiple Choice)
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Steaks & Grillz, a restaurant, uses pleasant music and lighting along with impressive decor to attract customers. In this scenario, the restaurant is attempting to enhance its _____.
(Multiple Choice)
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To increase effectiveness in the long term, organizations must sacrifice efficiency.
(True/False)
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Total quality management and Six Sigma both share some characteristics, such as the fact that they:
(Multiple Choice)
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Operations managers at UCON Industries Inc.agree that the company is trying to handle too many supply chain functions on its own, resulting in an inefficient use of resources. This suggests that the company may soon adopt the strategy of:
(Multiple Choice)
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