Question 1

____________________ inventory includes the basic inputs to the organization's production process.

Accepted Answer

The answer of ____________________ inventory includes the basic inputs to...

Question 2

Purchasing management is the term for managing the sequence of suppliers and purchasers covering all stages of processing from obtaining raw materials to distributing finished goods to final consumers.

Accepted Answer

A) True 
 B)False

Question 3

Efforts to systematically gather knowledge,make it widely available in the organization,and foster a culture of learning is called ____________________.

Accepted Answer

The answer of Efforts to systematically gather knowledge,make it widely...

Question 4

In a flexible manufacturing system,human operators make adjustments to the computer systems and not the production machinery itself.

Accepted Answer

A) True 
 B)False

Question 5

In an organization's value chain,the technical core includes products,facilities,structure,and control processes.

Accepted Answer

A) True 
 B)False

Question 6

The field of management that specializes in production of goods and services and uses special tools and techniques for solving production problems is called operations management.

Accepted Answer

A) True 
 B)False

Question 7

In a(n)____ approach of supplier relationships,an organization spreads its purchases among many suppliers and encourages them to compete with one another.

Accepted Answer

A) co-op 
B) outreach 
C) arm's length 
D) collaboration 
E) partnership

Question 8

A facilities layout in which machines dedicated to sequences of production are grouped into cells in accordance with group-technology principles is referred to as a(n)____________________ layout.

Accepted Answer

The answer of A facilities layout in which machines dedicated...

Question 9

Which of the following would be considered an output within the organization's value chain?

Accepted Answer

A) Labor 
B) Finished goods 
C) Component part 
D) Equipment 
E) Information

Question 10

When it comes to supplier relationships,organizations are using the arms-length approach more and more,whereas a partnership approach was more popular in years past.

Accepted Answer

A) True 
 B)False

Question 11

Inventory includes

Accepted Answer

A) finished goods. 
B) work in process. 
C) raw materials. 
D) all of these. 
E) work in process and raw materials.

Question 12

____________________ manufacturing is a manufacturing process using highly trained employees at every stage of the production process to cut waste and improve quality.

Accepted Answer

The answer of ____________________ manufacturing is a manufacturing process using...

Question 13

A collaborative work system is a computer-based information system that enables a novice computer user to more easily access complex and powerful computer software.

Accepted Answer

A) True 
 B)False

Question 14

At Mott's Music manufacturing facility,lathes are located in one section of the shop,dies in another,paint in a third,while the final assembly of completed instruments occurs in another area.Which facilities layout system does Mott's use?

Accepted Answer

A) Process layout 
B) Cellular layout 
C) Product layout 
D) Fixed-position layout 
E) None of these

Question 15

An example of a Closed Manufacturing System (CMS)is a small to medium-size automated production line that can be adapted to produce more than one product line.

Accepted Answer

A) True 
 B)False

Question 16

Raw materials inventory includes the materials moving through the stages of the production process that are not completed products.

Accepted Answer

A) True 
 B)False

Question 17

What type of information system is used to identify and catalog experts in a searchable database so people can quickly identify who has knowledge they can use?

Accepted Answer

A) Business intelligence system 
B) Enterprise resource planning system 
C) Intranet 
D) Expert locator system 
E) Collaborative work system

Question 18

Which of the following is a Web site that allows anyone with access,inside or outside the organization,to create,share,and edit content through a simple,browser-based user interface?

Accepted Answer

A) Blog 
B) P2P 
C) Social network 
D) Wiki 
E) OIS

Question 19

In an integrated supply chain,goods flow from consumers to suppliers.

Accepted Answer

A) True 
 B)False

Question 20

An internal communications system that uses the technology and standards of the Internet but is accessible only to people within the company is called an extranet.

Accepted Answer

A) True 
 B)False

Exam 20: Managing the Value Chain, Web 20, and E-Business

____________________ inventory includes the basic inputs to the organization's production process.

Purchasing management is the term for managing the sequence of suppliers and purchasers covering all stages of processing from obtaining raw materials to distributing finished goods to final consumers.

Efforts to systematically gather knowledge,make it widely available in the organization,and foster a culture of learning is called ____________________.

In a flexible manufacturing system,human operators make adjustments to the computer systems and not the production machinery itself.

In an organization's value chain,the technical core includes products,facilities,structure,and control processes.

The field of management that specializes in production of goods and services and uses special tools and techniques for solving production problems is called operations management.

In a(n) ____ approach of supplier relationships,an organization spreads its purchases among many suppliers and encourages them to compete with one another.

A facilities layout in which machines dedicated to sequences of production are grouped into cells in accordance with group-technology principles is referred to as a(n)____________________ layout.

Which of the following would be considered an output within the organization's value chain?

When it comes to supplier relationships,organizations are using the arms-length approach more and more,whereas a partnership approach was more popular in years past.

Inventory includes

____________________ manufacturing is a manufacturing process using highly trained employees at every stage of the production process to cut waste and improve quality.

A collaborative work system is a computer-based information system that enables a novice computer user to more easily access complex and powerful computer software.

At Mott's Music manufacturing facility,lathes are located in one section of the shop,dies in another,paint in a third,while the final assembly of completed instruments occurs in another area.Which facilities layout system does Mott's use?

An example of a Closed Manufacturing System (CMS)is a small to medium-size automated production line that can be adapted to produce more than one product line.

Raw materials inventory includes the materials moving through the stages of the production process that are not completed products.

What type of information system is used to identify and catalog experts in a searchable database so people can quickly identify who has knowledge they can use?

Which of the following is a Web site that allows anyone with access,inside or outside the organization,to create,share,and edit content through a simple,browser-based user interface?

In an integrated supply chain,goods flow from consumers to suppliers.

An internal communications system that uses the technology and standards of the Internet but is accessible only to people within the company is called an extranet.