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Exam (elaborations)

ISQS 3344 Exam 1 Questions And Answers With Complete Real Solutions 2024

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  • ISQS 3344
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  • ISQS 3344

ISQS 3344 Exam 1 Questions And Answers With Complete Real Solutions 2024

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  • September 18, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ISQS 3344
  • ISQS 3344
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RANKGRADES
ISQS 3344 Exam 1 Questions And Answers
With Complete Real Solutions 2024



What .don't .mangers .do? .- .correct .answer.cost .accounting, .corporate .finance, .marketing

Productivity .is .measured .in .- .correct .answer.GDP .growth

Productivity .is .- .correct .answer.output/input

government .reports .measure .- .correct .answer.changes .in .productivity .from .month .to
.month




trends .in .OM .- .correct .answer.product .variety .and .mass .customization

What .is .not .a .challenge .in .OM .- .correct .answer.mass .production

________ .is .the .most .common .measure .of .competitiveness .of .a .country. .- .correct
.answer.Productivity




How .important .is .a .country's .competitiveness? .- .correct .answer.Very .important, .if .you
.value .standard .of .living




When .a .customer .interacts .with .a .service .provider, .this .is .called .a .__________ .- .correct
.answer.•Service .encounter




bServices .constitute .what .% .of .western .economies? .- .correct .answer.•80%
•Health .care, .education, .insurance, .banking, .retail,

Services .cannot .be .stored .as ._____ .for .future .sale .- .correct .answer.•Inventory

Can .patents .be .used .to .protect .services? .- .correct .answer.no

A .service .encounter .is .also .a ._______ .- .correct .answer.•Moment .of .truth

_____ .are .statements .of .who .we .are .and

,what .market .spaces .we .play .in .- .correct .answer.Mission .statements

_______ .are .statements .of .what .we .want .to .become, .where .we .want .to .go .- .correct
.answer.Vision .statements




5 .competitive .prioties .- .correct .answer.cost, .time, .quality, .innovation, .flexibility

who .competes .on .flexibility .- .correct .answer.national .bicycle, .Anderson .window

time .and .quality? .- .correct .answer.amazon

cost? .- .correct .answer.Walmart .and .southwest

Today .the .emphasis .(obsession) .in .not .on .functions .but ._____ .- .correct
.answer.processes




Name .four .PROCESS .(OPERATIONS) .types .- .correct .answer.-project, .job .shop, .flow
.shop .(mass .production,) .continuous .flow .(continuous .production)




competes .on .innovation .and .quality .- .correct .answer.apple

Which .of .these .are .low-volume, .which .are .high .volume .- .correct .answer.projects- .low
continuous .flow-highest

What .is .meant .by .a .core .competence .- .correct .answer.A .process .that .aligns .with .the .way
.you .add .value .in .the .marketplace




make .to .order .- .correct .answer.custom

maket .to .stock .- .correct .answer.standard

assembled .order .- .correct .answer.a .few .options

Competing .On .Cost .- .correct .answer.Eliminate .all .waste
bInvest .in
•updated .facilities .& .equipment
•streamlining .operations
•training .& .development
bExamples
•Walmart
•Southwest .Airlines

Competing .On .Quality .- .correct .answer.Please .the .customer
•Understand .customer .attitudes .toward .and .expectations .of .quality
•Example
Ritz-Carlton .Hotels

, Competing .On .Flexibility .- .correct .answer.bProduce .wide .variety .of .products
bIntroduce .new .products .quickly
bModify .existing .products .quickly
bRespond .to .customer .needs
bExample
•Anderson .Windows
•Custom .Foot .Shoe .Store
•National .Bicycle .Industrial .company

Competing .On .Speed .- .correct .answer.bFast .moves

bFast .adaptations

bTight .linkages
bExample: .Dell
bAnother .example: .Walmart's .cross-docking

Competing .on .Innovation .- .correct .answer.bUsing .new .technologies .in .news .ways
bRemoving .what .does .not .constitute .value-added .content

Service .Operations .- .correct .answer.•Professional .service, .service .shop, .mass .service,
.service .factory




mass .service .- .correct .answer.finance, .retail

service .factory .- .correct .answer.electricity .airlines

professional .service .- .correct .answer.accounting, .lawyer

service .shop .- .correct .answer.school

•Projects .- .correct .answer.•Large-scale, .customized .initiatives .that .consist .of .smaller
.tasks .and .activities .that .must .be .coordinated .and .completed .to .finish .on .time .and .within

.budget




•Job .shops .- .correct .answer.•Organized .around .particular .types .of .general-purpose
.equipment .that .are .flexible .and .capable .of .customizing .work .for .individual .customers




•Flow .shops .- .correct .answer.•Organized .around .a .fixed .sequence .of .activities .and
.process .steps .to .produce .a .limited .variety .of .similar .goods .or .services

•Observed .in .assembly .lines

•Continuous .flows .- .correct .answer.•Create .highly .standardized .goods .or .services
.continuously .in .very .high .volumes

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