Exam 1: Introduction to Operations and Supply Chain Management

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The European Union requires that strict quality and environmental standards be met before companies can do business with member countries.

(True/False)
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If the units produced by a factory decreased by 10% and the labor productivity increased by 25%,then the labor hours __________.

(Multiple Choice)
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Today,approximately ____% of businesses operate globally through global markets,global operations,global financing

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Snacknow,a food service firm,is calculating its monthly productivity report.From the following data calculate the energy productivity. Labor rate $10 Units produced 10,000 Labor hours 1,000 Cost of materials $2000 Cost of energy $500

(Multiple Choice)
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Companies that compete on _________________ establish a corporate culture that encourages risk.

(Multiple Choice)
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If the units produced by a factory decreased by 10% and the labor productivity decreased by 25%,then the labor hours __________.

(Multiple Choice)
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Supply chain management is aimed at managing the flow of __________.

(Multiple Choice)
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_____________ is the characteristic of a product that wins the order in the marketplace.

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The set of activities that creates and delivers products to the customer is known as the supply chain.

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_____________ is what the firm does better than anyone else.

(Multiple Choice)
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Telco Inc. ,a manufacturing firm,is calculating its monthly productivity report.From the following data calculate the labor productivity. Labor rate $20 Machine rate $15 Units produced 50,000 Labor hours 4,000 Machine hours 2,000 Cost of materials $20,000 Cost of energy $5,000

(Multiple Choice)
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Deployment is a step in strategy formulation that evaluates the alignment between core competencies and order winners.

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Core competencies tend to be processes and not products or technologies.

(True/False)
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Globalization has affected manufacturing but not service operations.

(True/False)
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The transformation process associated with health care is best described as

(Multiple Choice)
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______________ focus(es)the organization on common goals that can be translated into measurable objectives.

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Order winners and order qualifiers change over time in response to the dynamics of changing market conditions.

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The most recent era in the evolution of operations and supply chain management is

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Dividing a job into a series of small tasks,each performed by a different worker,is known as

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Which of the following is not one of the four primary functional areas of a firm?

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