Exam 16: Operations Management: Putting It All Together
Exam 1: Business Now: Change Is the Only Constant152 Questions
Exam 2: Business Communication: Creating and Delivering Messages That Matter168 Questions
Exam 3: Business Ethics and Social Responsibility: Doing Well by Doing Good156 Questions
Exam 4: Economics: the Framework for Business161 Questions
Exam 5: Business Formation: Choosing the Form That Fits139 Questions
Exam 6: Small Business and Entrepreneurship: Economic Rocket Fuel158 Questions
Exam 7: Accounting: Decision Making by the Numbers172 Questions
Exam 8: Finance: Acquiring and Using Funds to Maximize Value181 Questions
Exam 9: Securities Markets : Trading Financial Resources167 Questions
Exam 10: Marketing: Building Profitable Customer Connections181 Questions
Exam 11: Part 1: Product and Promotion: Creating and Communicating Value187 Questions
Exam 11: Part 2: Product and Promotion: Creating and Communicating Value166 Questions
Exam 12: Distribution and Pricing: Right Product, right Person, right Place, right Price184 Questions
Exam 13: Management, motivation, and Leadership: Bringing Business to Life215 Questions
Exam 14: Human Resource Management: Building a Top-Quality Workforce138 Questions
Exam 15: Managing Information and Technology: Finding New Ways to Learn and Link170 Questions
Exam 16: Operations Management: Putting It All Together167 Questions
Exam 17: The World Marketplace: Business Without Borders156 Questions
Exam 18: Labour-Management Relations45 Questions
Exam 19: Business Law59 Questions
Exam 20: Personal Finance66 Questions
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Wages earned by workers in the nation of Ruritania are only a third as high as the wages paid to Canadian workers.This clearly means that Canadian firms that outsource production to Ruritania will enjoy much lower costs of production.
(True/False)
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Which statement about total quality management (TQM)is correct?
(Multiple Choice)
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Enterprise resource planning (ERP)is a software-based approach to integrating an organization's systems in order to improve communication and coordination among all departments and operating units.The newest versions of ERP extend this coordination to other organizations within the supply chain.
(True/False)
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Which of the following is the set of strategies and practices to eliminate waste?
(Multiple Choice)
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Given the nature of their products,many service firms base their facility location decisions primarily on which of the following?
(Multiple Choice)
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A continuous flow process is most useful when a firm produces a variety of products in small batches and wants to switch quickly from the production of one good to another.
(True/False)
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Outsourcing is an arrangement with outside organizations to perform supply chain functions that were previously performed internally.
(True/False)
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Job shops are particularly well-suited for the mass production of highly standardized products.
(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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ISO 9000 is a set of generic standards for quality management systems established by the International Organization for Standardization.
(True/False)
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The process used to prepare meals in an upscale restaurant is most similar to which of the following?
(Multiple Choice)
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From an operations management perspective,a manufacturing firm's supply chain includes which of the following?
(Multiple Choice)
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Back in the early 1980s,TipeRite typewriters were popular among students because they were solid but inexpensive.TipeRite was able to make a profit despite its low prices because it kept its costs low.But in the late 1980s and 1990s,more and more students abandoned typewriters and began using personal computers and word processing software.Even though the new technology was much more expensive than typewriters,it was also much more versatile and powerful.Soon TipeRite couldn't find anyone to buy its products despite their low prices.The company's trouble illustrates which of the following?
(Multiple Choice)
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In recent years the trend has been to rely less on outsourcing.
(True/False)
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Operations management is concerned with all of the activities involved in creating goods and services and distributing them to customers.
(True/False)
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Japanese firms embraced the ideas of quality experts such as W.Edwards Deming and revolutionized their manufacturing by adopting a strategy of a continuous quality improvement.
(True/False)
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Which of the following can be produced independently of the consumer and then stored and shipped?
(Multiple Choice)
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