OPERATIONS TEST PRACTICE – Flashcards

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An example of a strategic operations management decision is the choice of where to locate.
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TRUE
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An example of an operational operations management decision is inventory level management.
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TRUE
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Gov't stats are a good source of data about productivity trends in the service sector.
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FALSE
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An example of tactical operations management decision is determining employment levels.
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TRUE
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Productivity is defined as the ratio of output to input.
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TRUE
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Productivity is defined as the ratio of input to output.
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FALSE
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Competitiveness relates to the profitability of an organization in the marketplace.
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FALSE
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If people would only work harder, productivity would increase.
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FALSE
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Tracking productivity measures over time enables managers to judge organizational performance and decide where improvements are needed.
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TRUE
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Productivity is directly related to the ability of an organization to compete.
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TRUE
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A characteristic that was once an order winner may become an order qualifier, and vice versa.
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TRUE
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Outsourcing tends to improve quality but at the cost of lowered productivity.
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FALSE
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Productivity tends to be only a very minor factor in organization's ability to compete.
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FALSE
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An organization that is twice as productive as its competitor will be twice as profitable.
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FALSE
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National productivity is determined by averaging the productivity measures of various companies or industries.
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FALSE
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Wage and salary increases that are not accompanied by productivity increases tend to exert inflationary pressures on a nation's economy.
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TRUE
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Global competition really only applies to multinational organizations.
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FALSE
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A business that is rated highly by its customers for service quality will tend to be more profitable than a business that is rated poorly.
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TRUE
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Services often don't fit simple yield measurements.
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TRUE
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A mission statement should provide a guide for the formulation of strategies for the organization.
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TRUE
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The hierarchy and sequences of planning and decisions making is: missions, organizational strategy, tactics, and operation decisions.
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TRUE
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Strategy includes both organizational and functional strategies.
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TRUE
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Organizational strategy should be determined without considering the realities of functional area strengths and weaknesses since they can be changed to meet our strategy.
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FALSE
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Mission statements should be as specific as possible regarding exactly how they will be accomplished.
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FALSE
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Improving efficiency will guarantee a similar improvement in productivity.
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FALSE
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As long as we match a competitor on quality and price we will gain market share.
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FALSE
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Environment scanning is a search for events or trends that present either threats or opportunities to the organization.
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TRUE
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Standardization has the advantage of reducing variability.
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TRUE
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Traditional strategies of business organizations have tended to emphasize cost minimization or product differentiation.
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TRUE
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Which of the following is LEAST likely to affect the cost an organization incurs in producing its products or services? a) PRICE b) PRODUCTIVITY c) LOCATION d) QUALITY e) INVENTORY MANAGEMENT
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A) PRICE
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Where a firm locates would typically not affect that firm's: a) PRICE b) CONVENIENCE FOR CUSTOMERS c) DELIVERY TIMES d) STRATEGY e) TRANSPORTATION COSTS
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D) STRATEGY
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Which of the following is NOT among the chief reasons organizations fail? a) OVEREMPHASIS ON SHORT-TERM FINANCIAL PERFORMANCE b) EMPHASIZING LABOUR PRODUCTIVITY IN LABOUR-INTENSIVE ENVIRONMENTS c) POOR INTERNAL COMMUNICATIONS d) NOT INVESTING IN CAPITAL AND HUMAN RESOURCES e) OVEREMPHASIS ON PRODUCT (OR SERVICE) DESIGN
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B) EMPHASIZING LABOUR PRODUCTIVITY IN LABOUR-INTENSIVE ENVIRONMENTS.
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The key to successfully competing is understanding what customers want and then _________ satisfy those wants. a) TRAINING PRODUCTION WORKERS TO b) FINDING SUPPLIERS WHO CAN c) FINDING THE BEST WAY TO d) DESIGNING PRODUCTS AND SERVICES THAT e) HIRING ENOUGH WORKERS TO
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C) FINDING THE BEST WAY TO
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An organization's missions statement serves as the basis for: a) ENVIRONMENTAL SCANNING b) CORE COMPETENCIES c) OPERATING PROCEDURES d) DISTINCTIVENESS e) ORGANIZATIONAL GOALS
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E) ORGANIZATIONAL GOALS
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Which of the following would be least important in the pursuit of a time-based strategy? a) COST MINIMIZATION b) QUICK CHANGEOVER TIMES c) OPERATIONAL AGILITY d) REDUCED COMPLAINT RESOLUTION TIMES e) FLEXIBLE TECHNOLOGY
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A) COST MINIMIZATION
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Competitiveness doesn't include a) PRODUCITIVTY b) EFFECTIVENESS c) PROFITABILITY d) OPERATIONS STRATEGY e) OPERATIONS MANAGEMENT
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C) PROFITABILITY
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Product design and choice of location and examples of _____ decisions. a) STRATEGIC b) TACTICAL c) OPERATIONAL d) CUSTOMER-FCOUSED e) DESIGN
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A) STRATEGIC
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Scheduling personnel is an example of an operations management: a) MISSION IMPLEMENTATION b) OPERATIONAL DECISION c) ORGANIZATIONAL STRATEGY d) FUNCTIONAL STRATEGY d) TACTICAL DECISION
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B) OPERATIONAL DECISION
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Productivity is expressed as: a) OUTPUT PLUS INPUT b) OUTPUT MINUS INPUT c) OUTPUT TIMES INPUT d) OUTPUT DIVIDED BY INPUT e) INPUT DIVIDED BY OUTPUT
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D) OUTPUT DIVIDED BY INPUT
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In the 70s, the US organizations concentrated on: a) OPERATIONS STRATEGIES b) IMPROVING QUALITY c) MARKETING AND FINANCIAL STRATEGIES d) REVISING MISSION STATEMENTS e) ENVIRONMENTAL ISSUES
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C) MARKETING AND FINANCIAL STRATEGIES
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Which of the following is not a factor that affects productivity? a) COMPUTER VIRUSES b) DESIGN OF THE WORKSPACE c) USE OF THE INTERNET d) STANDARDIZING PROCESSES e) PRODUCT PRICE
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E) PRODUCT PRICE
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Which of these factors would be least likely to affect productivity? A. METHODS AND TECHNOLOGY B. WORKERS C. MANAGEMENT D. PRODUCT MIX E. ADVERITISING
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E) ADVERTISING
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Which of the following is not a key step toward improving productivity? A. developing productivity measures for all operations B. improving the bottleneck operations C. establishing reasonable goals for improvement D. considering incentives to reward workers E. converting bond debt to stock ownership
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E) CONVERTING BOND DEBT TO STOCK OWNERSHIP
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For an organization to grow its market share, it must: A. advertise using multimedia. B. reduce prices. C. exceed minimum standards of acceptability for its products or services. D. establish an Internet Web site. E. broaden its mission statement.
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C) EXCEED MINIMUM STANDARDS OF ACCEPTABILITY FOR ITS PRODUCTS OR SERVICES
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The ratio of good output to quantity of raw material input is called A. nondefective productivity. B. process yield. C. worker quality measurement. D. total quality productivity. E. quantity/quality ratio.
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B) PROCESS YIELD
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The fundamental purpose for the existence of any organization is described by its: A. policies. B. procedures. C. corporate charter. D. mission statement. E. bylaws.
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D) MISSION STATEMENT
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Value added can be calculated by: A. average productivity gains over time. B. inputs divided by the outputs. C. outputs divided by the inputs. D. input plus output divided by two. E. outputs minus inputs.
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E) OUTPUTS MINUS INPUTS
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Which of the following is true? A. Corporate strategy is shaped by functional strategies. B. Corporate mission is shaped by corporate strategy. C. Functional strategies are shaped by corporate strategy. D. External conditions are shaped by corporate mission. E. Corporate mission is shaped by functional strategies.
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C) FUNCTIONAL STRATEGIES ARE SHAPED BY CORPORATE STRATEGY
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Core competencies in organizations generally do not relate to: A. cost. B. quality. C. time. D. flexibility. E. sales price.
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E) SALES PRICE
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With regard to operations strategy, organization strategy should, ideally, take into account: A. operations' strengths and weaknesses. B. inventory levels. C. labor productivity. D. product mix. E. production processes.
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A) OPERATION'S STRENGTHS AND WEAKNESSES
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Time-based approaches of business organizations focus on reducing the time to accomplish certain necessary activities. Time reductions seldom apply to: A. product/service design time. B. processing time. C. delivery time. D. response time for complaints. E. internal audits.
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B) MINIMIZE ATTENTION TO THE OPERATIONS FUNCTION
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The external elements of SWOT analysis are: A. strengths and weaknesses. B. strengths and threats. C. opportunities and threats. D. weaknesses and opportunities. E. strengths and opportunities.
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C) OPPORTUNITES AND THREATS
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In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per five-day week. What is the labor productivity of this operation? A. 90 chairs/worker/day B. 20 chairs/worker/day C. 15 chairs/worker/day D. 75 chairs/worker/day E. 60 chairs/worker/day
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C) 15 CHAIRS
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Increasing the service offered to the customer makes it more difficult to compete on the basis of: A. order qualifiers. B. customization. C. quality. D. price. E. flexibility.
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D) PRICE
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