Exam 1: Introduction to Operations Management

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Which of the following is not true about the systems approach?

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Business organizations consist of three major functions which, ideally:

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The greater the degree of customer involvement, the more challenging the design and management of operations.

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Measurements taken at various points in the transformation process for control purposes are called:

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Managers should most often rely on quantitative techniques for important decisions since quantitative approaches result in more accurate decisions.

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Which of the following principles emphasizes that actions should make the community as a whole better off?

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The responsibilities of the operations manager are:

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The process of comparing outputs to previously established standards to determine if corrective action is needed is called:

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A systems approach means that we concentrate on efficiency within a subsystem and thereby assure overall efficiency.

(True/False)
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Taking a systems viewpoint with regard to operations in today's environment increasingly leads decision makers to consider ______________ in response to the ___________.

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Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function.

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Special-purpose technology is a common way of offering increased customization in manufacturing or services without taking on additional labor costs.

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If one organization is better able than most to respond to changes in demands or opportunities, we say that organization exhibits higher:

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Most people encounter operations only in profit-making organizations.

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