Question 1

When managers do a better job of running a business, it is called

Accepted Answer

A)  worker productivity. 
B)  production. 
C)  managerial productivity. 
D)  outsourcing. 
E)  technological productivity. 
A)  worker productivity. 
B)  production. 
C)  managerial productivity. 
D)  outsourcing. 
E)  technological productivity.

Question 2

Under lean manufacturing, employees are discouraged to participate in the improvement of quality.

Accepted Answer

A) True 
 B)False

Question 3

One major advantage of materials requirement planning is, it

Accepted Answer

A)  helps to control all organizational resources. 
B)  is based on past estimated of resource usage. 
C)  decreases ordering costs. 
D)  decreases inventory costs. 
E)  all of these. 
A)  helps to control all organizational resources. 
B)  is based on past estimated of resource usage. 
C)  decreases ordering costs. 
D)  decreases inventory costs. 
E)  all of these.

Question 4

__________ is the activities required to physically move materials into the company's operations facility and to move finished products to customers.

Accepted Answer

A)  Procurement management 
B)  Facilities management 
C)  Supply chain management 
D)  Logistics 
E)  Organizational displacement 
A)  Procurement management 
B)  Facilities management 
C)  Supply chain management 
D)  Logistics 
E)  Organizational displacement

Question 5

Which of these is inventory consisting of items that have passed through the complete production process but have yet to be sold?

Accepted Answer

A)  Finished goods inventory 
B)  Work-in progress inventory 
C)  Raw material inventory 
D)  Possessed inventory 
E)  Non-physical inventory 
A)  Finished goods inventory 
B)  Work-in progress inventory 
C)  Raw material inventory 
D)  Possessed inventory 
E)  Non-physical inventory

When managers do a better job of running a business, it is called

Under lean manufacturing, employees are discouraged to participate in the improvement of quality.

One major advantage of materials requirement planning is, it

__________ is the activities required to physically move materials into the company's operations facility and to move finished products to customers.

Which of these is inventory consisting of items that have passed through the complete production process but have yet to be sold?

Managing in Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Human Resource Management

Meeting the Challenge of Diversity

Dynamics of Behavior in Organizations

Leadership

Motivation

Communication

Teamwork

Managerial and Quality Control

Information Technology and E-Business

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Exam 21: Operations and Value Chain Management

When managers do a better job of running a business, it is called

Under lean manufacturing, employees are discouraged to participate in the improvement of quality.

One major advantage of materials requirement planning is, it

__________ is the activities required to physically move materials into the company's operations facility and to move finished products to customers.

Which of these is inventory consisting of items that have passed through the complete production process but have yet to be sold?

Managing in Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Human Resource Management

Meeting the Challenge of Diversity

Dynamics of Behavior in Organizations

Leadership

Motivation

Communication

Teamwork

Managerial and Quality Control

Information Technology and E-Business

Filters