Exam 16: Operations Management: Putting It All Together
Exam 1: Business Now: Change Is the Only Constant154 Questions
Exam 2: Business Ethics and Social Responsibility: Doing Well by Doing Good168 Questions
Exam 3: Economics: The Framework for Business170 Questions
Exam 4: The World Market-Place: Business Without Borders181 Questions
Exam 5: Business Formation: Choosing the Form That Fits145 Questions
Exam 6: Small Business and Entrepreneurship: Economic Rocket Fuel157 Questions
Exam 7: Accounting: Decision Making by the Numbers188 Questions
Exam 8: Finance: Acquiring and Using Funds to Maximize Value154 Questions
Exam 9: Financial Markets: Allocating Financial Resources166 Questions
Exam 10: Marketing: Building Profitable Customer Connections183 Questions
Exam 11: Product and Promotion: Creating and Communicating Value335 Questions
Exam 12: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price175 Questions
Exam 13: Management, Motivation, and Leadership: Bringing Business to Life213 Questions
Exam 14: Human Resource Management: Building a Top-Quality Workforce140 Questions
Exam 15: Managing Information and Technology: Finding New Ways to Learn and Link163 Questions
Exam 16: Operations Management: Putting It All Together167 Questions
Exam 17: Business Communication: Creating and Delivering Messages That Matter175 Questions
Exam 18: Labour Unions and Collective Bargaining46 Questions
Exam 19: Business Law60 Questions
Exam 20: Personal Finance67 Questions
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Which of the following refers to the replacement of human operation and control of machinery with some form of programmed control?
(Multiple Choice)
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A major reason Canadian businesses outsource operational activities overseas is to take advantage of the low cost of labour and other resources.
(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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Automation replaces the direct human operation of machinery, but it has no impact on human control.
(True/False)
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Immediate predecessors are activities in a project that are independent of any other project activities, and thus have no effect on when these other activities are performed.
(True/False)
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The critical path method focuses on controlling inventory levels during the production process to ensure that enough parts and materials are available to support production.
(True/False)
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The design of servicescapes centres on three types of factors: ambience; functionality; and signs, symbols, and artifacts. Define servicescape and describe the three factors and provide examples.
(Essay)
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Most manufacturing firms are concerned about the availability of reliable electricity and water supplies when making location decisions. Which of the following do these considerations deal with?
(Multiple Choice)
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Jaclyn, the local toy store manager, has over-ordered skateboards for the holiday season. What is most likely her reasoning for this tactic?
(Multiple Choice)
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Which of the following is a network of national standards institutes in over 162 nations that develop global standards for industries?
(Multiple Choice)
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Computer-aided design (CAD) software provides powerful drawing and drafting tools that enable users to create and edit blueprints and design drawings quickly and easily.
(True/False)
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Total quality management (TQM) is based on customer focus, building quality throughout the organization, empowering employees, pursuing a strategy of preventing mistakes, and demonstrating a long-term commitment to continuous improvement.
(True/False)
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Vertical integration means outsourcing all activities in the supply chain with the exception of the very basic things the firm wants to do itself.
(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 the Christmas season. Almost half of all of the company's sales come 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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One way a movie theatre may attempt to spread out demand is to offer lower prices for matinée showings.
(True/False)
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Which type of system, whereby the programmed design and the programmed manufacturing are combined with robots and other high-tech equipment, may be changed to accommodate a variety of designs and manufacturing specifications?
(Multiple Choice)
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Just-in-time production is called a pull system because actual orders "pull" the goods through the production process.
(True/False)
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The critical path in a project is the sequence of activities expected to take the longest to complete. Any delay in an activity on the critical path is likely to create a delay in completing the project.
(True/False)
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