C720 All Unit Quizzes - Operations and Supply Chain Management, Questions and answers, 100% Accurate.
1 view 0 purchase
Course
C720
Institution
C720
C720 All Unit Quizzes - Operations and Supply Chain Management, Questions and answers, 100% Accurate.
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 q...
c720 all unit quizzes operations and supply chain management
100 accurate in most cases
companies that sell products and companies that sell services both maintain inven
Written for
C720
All documents for this subject (41)
Seller
Follow
QuickPass
Reviews received
Content preview
C720 All Unit Quizzes - Operations and
Supply Chain Management, Questions
and answers, 100% Accurate.
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 Honda
have allowed these Japanese automakers to develop a _______ in the auto industry. - ✔✔-Relative
advantage
Which ethical issue would impact an operations manager the most? - ✔✔-Faulty worker safety gear
E-Z Delivery Service, a local delivery company, is replacing its fleet of large delivery vans with minivans
that are less expensive and use less fuel. Based on the triple bottom line, this decision by E-Z Delivery
Service addresses - ✔✔-Environmental viability and profitability
Which statement about services providers and goods producers is true? - ✔✔-Some service providers
operate like manufacturers because they sell a finished good.
Which statement best explains the value of operations management? - ✔✔-Improved organizational
efficiency enables organizations to invest in product improvements and innovations.
, Operations managers at Lawton Automotive are considering the idea of using robotic arms instead of
line workers to install tires on cars during the manufacturing process. What would be the likely result of
implementing this process technology? - ✔✔-Increasing production speed
Which statement best explains how teamwork-oriented operations affect a firm's ability to compete? -
✔✔-When labor and management work together, a firm's productivity, quality, and sales improve
Which statement about the relationship between strategy and operations is most likely true? - ✔✔-An
operations strategy should develop from an organization's overall strategy
How do firms primarily benefit from having more cross-functional teams? - ✔✔-Decision making
improves because team members share knowledge and understand the needs of the firm.
Executives at Coffman Computers are considering the idea of changing the firm's organizational
structure, which is based on functional areas. What would be the primary benefit of Coffman Computers
implementing a structure based on business processes - ✔✔-Making quicker, better decisions
Country X produces toys for the global market better than Country Z. However, Country Z produces
appliances better than Country X. Given this information, which statement is most likely true? - ✔✔-
Country Z should import toys and export appliances because it has a relative advantage in appliance
production.
Which statement about product safety is most likely true? - ✔✔-Managerial judgment is often necessary
when determining appropriate product safety labels.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QuickPass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R195,25. You're not tied to anything after your purchase.
