BUSINESS 307
Lincoln University
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CHAPTER 1 BUSINESS 307 QUESTIONS AND ANSWERS (LATEST VERSION)
- Exam (elaborations) • 35 pages • 2023
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1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the 
organization's goods or services. 
True False 
2. Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete 
with other nations. 
True False 
3. Companies are either producing goods or delivering services. This means that only one of the two types of operations 
management strategies are used. 
True False 
4. Operations, m...
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