Which of the following statements regarding the supply chain is TRUE? correct answers D) A first-tier supplier is downstream from a second-tier supplier.
Which of these statements about recent trends in operations and supply chain management is BEST? correct answers C) More companies are putting...
OMGT Test 1 ||QUESTIONS WITH 100% PASSED
ANSWERS.
Which of the following statements regarding the supply chain is TRUE? correct answers D)
A first-tier supplier is downstream from a second-tier supplier.
Which of these statements about recent trends in operations and supply chain management is
BEST? correct answers C) More companies are putting an emphasis on relationship
management.
An electric commerce system: correct answers D) Can improve the speed and quality of
business communication.
The collection of people, technology, and systems within an organization that has primary
responsibility for providing the organization's products or services is called: correct answers
B) The operations function.
The organization that provides national and institutional leadership in purchasing and
materials management is: correct answers A) ISM.
Which of the following lists is in correct supply chain order? correct answers D) First-tier
supplier -> Manufacturer -> Distributor.
Which of the following is NOT a flow typically found in a supply chain? correct answers D)
Risk.
Which of the following is primarily a supply chain management decision? correct answers B)
From whom to purchase materials.
_____ is an example of an output of the transformation process. correct answers C) Satisfied
Customers.
Efforts to improve cooperation among firms in the supply chain can be characterized as:
correct answers C) Relationship Management.
Which job title would most likely be responsible for supervising production in a
manufacturing setting? correct answers B) Production Manager.
Jon was a mathematical wiz. He had a flair for developing spreadsheets, using statistics and
creating simulations to show the effects of changes in policy and infrastructure. His skills
equipped him well for his operations and supply chain position as: correct answers B) An
Analyst.
Which department is LEAST likely to interact with the purchasing function? correct answers
C) Human Resources.
Which of the following statements about the operations function is NOT correct? correct
answers C) The outputs of an operations function are always tangible.
, Which of the following is NOT a trend in operations management? correct answers D)
Decreased Customization.
Planning numbers needed for effective decision-making are typically developed by: correct
answers A) Forecasting.
Most organizations cannot function as a part of a larger supply chain. correct answers FALSE
The supply chain is a network of manufacturers and service providers that work together to
convert and move goods from the raw materials stage to the end user. correct answers TRUE
To participate in a supply chain, a firm doesn't need to actually handle the physical goods at
some point. correct answers TRUE
Information and materials are two examples of inputs to the transformation process. correct
answers TRUE
The transformation process can be used to describe the production of ONLY intangible
services. correct answers FALSE
Inputs to the transformation process are intangible, but the outputs may be tangible or
intangible. correct answers FALSE
In general, operations management activities are not information and decision intensive.
correct answers FALSE
A second-tier supplier is upstream from a first-tier supplier in the supply chain. correct
answers TRUE
Most of the participants in a supply chain cannot be both suppliers and customers. correct
answers FALSE
Electronic commerce refers to the use of information technology solutions to automate
business transactions. correct answers TRUE
The drive for efficiency has decreased the level of globalization in the world economy over
the last 20 years. correct answers FALSE
Some organizations do not have an operations function. correct answers FALSE
Of the three flows linking organizations in a supply chain, information and monetary flows
always move upstream and physical flows always move downstream. correct answers FALSE
Relationship Management is the component of a supply chain that is the most susceptible to
breakdown. correct answers TRUE
To avoid supply chain problems, firms must manage relationships with their downstream
suppliers as well as their upstream customers. correct answers FALSE
The association for operations management is AOM. correct answers FALSE
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