WGU C720 All Unit Quizzes - Operations and Supply Chain Management, Questions and answers, 100% Accurate. VERIFIED. (2024/25 exam UPDATES. APPROVED)

WGU C720 All Unit Quizzes - Operations and Supply Chain Management, Questions and answers, 100% Accurate. VERIFIED. In most cases, companies that sell products and companies that sell services both maintain inventories of - -Supporting goods True or False? Organizations with flexible operations respond quickly and inexpensively to the changing needs of customers. - -True In the 1950s, Coca-Cola replaced glass bottles with lighter, less costly aluminum cans without changing the taste of the soda. This operations change best illustrates how technology altered Coca-Cola's - Product design True or False? Although consumers and organizations benefit from the improved efficiency and lower product costs that result from team-oriented operations, teamwork typically results in fewer job opportunities and lower wages for an organization's employees. - -False Operations managers at Putnam Computers directly facilitate the achievement of organizational goals by - -Allocating financial resources Which term refers to the arrangement of formal relationships between a firm's functional areas? - Organizational Structure True or False? Due to the pressure to compete globally, an increasing number of firms are changing their organizational structures. Instead of being organized by business processes, more firms are being organized by business functions. - -False The difference between the lowest cost producer of a good and the next-lowest cost producer of the same good is known as a(n) - -Relative advantage Operations managers rarely become involved with worker safety or environmental pollution complaints because such ethical issues are only handled by organization's legal department. - -False refers to the organizational issue of balancing financial profitability with environmental responsibility. - -Sustainability Which of the following is an activity of both service producers and goods producers? - -Focusing on product improvement Through effective operations management, a company improves customer value by - -Enhancing product quality By applying current technology to operations management, a firm is most likely able to - -Make better products with fewer resources If a company's teamwork-oriented operations are managed effectively, what is the likely result? - Increased product sales Operations managers primarily help a firm implement a strategy by - -Allocating resources The primary reason that many firms are shifting to leaner organizational structures is to - -Improve decision making What is a characteristic of an organizational structure based on business processes? - -Focusing on customer needs For the last 20 years, U.S automakers have struggled to compete with their Japanese competitors. The highly effective distribution systems, management practices, and global strategies of Toyota and Hond