Question 1

The resource-based view considers the set of resources available to the organization as a secondary driver of the business strategy.

Accepted Answer

A) True 
 B)False

Question 2

Value can be added to an entity in all the following ways,EXCEPT:

Accepted Answer

A) Altering 
B) Facilitating 
C) Storing 
D) Transporting 
A) Altering 
B) Facilitating 
C) Storing 
D) Transporting

Question 3

Quality typically implies reliability.

Accepted Answer

A) True 
 B)False

Question 4

Generally speaking,products are characterized by immediate consumption.

Accepted Answer

A) True 
 B)False

Question 5

A renovation activity is any physical entity accompanying a transformation that adds value.

Accepted Answer

A) True 
 B)False

Question 6

Inputs in a bank's production system may include:

Accepted Answer

A) Loan default rates and the environment 
B) Interest rates and wage rates 
C) Checks and deposits 
D) Federal Reserve decisions and the economy 
A) Loan default rates and the environment 
B) Interest rates and wage rates 
C) Checks and deposits 
D) Federal Reserve decisions and the economy

Question 7

Operations only include those activities associated specifically with the production system.

Accepted Answer

A) True 
 B)False

The resource-based view considers the set of resources available to the organization as a secondary driver of the business strategy.

Value can be added to an entity in all the following ways,EXCEPT:

Quality typically implies reliability.

Generally speaking,products are characterized by immediate consumption.

A renovation activity is any physical entity accompanying a transformation that adds value.

Inputs in a bank's production system may include:

Operations only include those activities associated specifically with the production system.

Process Planning and Design

Controlling Processes

Process Improvement: Minimizing Variation Through Six Sigma

Process Improvement: Reducing Waste Through Lean

Managing Process Improvement Projects

Supply Chain Management

Capacity, Scheduling, and Location Planning

Filters

Exam 1: Operations Strategy and Global Competitiveness

The resource-based view considers the set of resources available to the organization as a secondary driver of the business strategy.

Value can be added to an entity in all the following ways,EXCEPT:

Quality typically implies reliability.

Generally speaking,products are characterized by immediate consumption.

A renovation activity is any physical entity accompanying a transformation that adds value.

Inputs in a bank's production system may include:

Operations only include those activities associated specifically with the production system.

Process Planning and Design

Controlling Processes

Process Improvement: Minimizing Variation Through Six Sigma

Process Improvement: Reducing Waste Through Lean

Managing Process Improvement Projects

Supply Chain Management

Capacity, Scheduling, and Location Planning

Filters