Opt test 1 – Flashcards

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question
An operations manager is not likely to be involved in?
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the identification of customers wants and needs
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An operations task performed at Hard Rock Cafe is
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preparing employees schedules
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Operations management is applicable
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to all firms, whether manufacturing or service
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Reasons to study operation management include learning about
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all of the above
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The five elements in the management process are
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plan, organize, staff, lead and control
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The service sector makes up approx. what percentage of all jobs in the US
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79
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The total of all outputs produced by the transformation process divided by the total of the inputs is
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multifactor productivity
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Three commonly used productivity variables are
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labor, capital, and management
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Which is not true regarding differences between goods and services?
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goods tend to have higher customer interaction than services
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Which of the following is the best example of pure service?
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counseling
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WHich of the following are the primary functions of all organizations?
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marketing, production/operations, and finance/accounting
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Which of the following is not a current trend in operations management?
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all of the above are current trends
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Which of the following is not one of ten critical decisions of operations management
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determining the financial leverage position
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Which of the following would not be an operations function in a commercial bank
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auditing
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Which productivity variable has the greatest potential to increase productivity
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management
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The total of all outputs produced by the transformation process divided by the total of the inputs is
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multifactor productivity
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Productivity measurement is complicated by
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the fact that precise units of measure are often unavailable
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Which productivity variable has the greatest potential to increase productivity
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management
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Productivity can be improved by
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decreasing inputs while holding outputs steady
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The largest contributor to productivity increases is_______ estimated to be responsible for ____ of the annual increase
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management, over one half
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Which of the following is not true when explaining why productivity tends to be lower in the service sector than in the manufacturing sector
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service operations are typically capital intensive
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among the ethical and social challenges facing operations managers are
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maintaining a sustainable environment
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a business stakeholders, whose conflicting perspectives cause ethical and social dilemmas include
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all of the above
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Productivity is the total value of all inputs to the transformation process divided by the total value of the outputs produced
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false
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Ethical and social dilemmas arise because stakeholders of a business have conflicting perspectives
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true
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According to the authors, which of the following strategic concepts allow firms to achieve their missions
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differentiation, cost leadership and quick response
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Boeing new 787 dreamliner
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has increased efficiency from new engine technology
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Cost minimization is an appropriate strategy in which stage of the product life cycle
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decline
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Franz colruyt has achieved low cost leadership through
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all of the above
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given the position of the ipod in the growth stage of its life cycle, which of the following om strategy/issues should the makers of ipods be least concerned with at the current time?
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cost cutting
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Nafta seeks to
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phase out all trade and tariff barriers between the us, canada, and mexico
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porters five forces model is used to evaluate competition based on what 5 aspects?
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immediate rivals, potential entrants, customers, suppliers, and substitute products
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The ability of an organization to produce services that by utilizing the consumers five senses have some uniqueness in their characteristics is
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experience differentiation
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The acronym MNC stands for
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multinational corporation
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the fundamental purpose of an organizations mission statement is to
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define the organizations purpose in society
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The term maquiladora is most synonymous with
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free trade zones in mexico
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the three steps of the operations managers job in order are:
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develop the strategy, establish the organizational structure, find the right staff
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Value- chain analysis can be used to determine if a business is adding unique value in which of the following areas?
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all of the above
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Which of the following are examples of transnational firms?
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all of the above
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which of the following did the authors not suggest as a reason for globalization operations
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stockholder approval ratings
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which of the following environmental factors has not been a factor in Microsoft's changing strategy
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none of the above
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which of the following has progressed the furtherest along its production life cycle
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drive thru restaurants
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which of the influences layout design
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all of the above influence layout decisions
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which of the following is an example of competing on quick response
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a firms products are introduced into the market faster than a competitors products
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which of the following is an example of globalization of operations strategy?
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a chinese manufacturer, haier, now operates plants in the united states
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Which of the following is least likely to result in a strategy change?
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change in job scheduling techniques
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which of the following is the best example of competing on low cost leadership
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a firm produces its product with less raw material waste than its competitors
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which of the following is true about business strategies
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well defined missions make strategy development much easier
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which of the following is not an operations strategy decision
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price
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which of the following represent reasons for globalization operations
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all of the above
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which of the following statements concerning the operations management decisions is relevant to services?
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labor standards vary depending on customers requirements
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which of the international operations strategies involves high cost reductions and high local responsiveness
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transnational strategy
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which of the international operations strategies uses import/export licensing of existing products
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international strategy
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which of these companies is most apt to have quality standards that are relatively subjective
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harvard university
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_____ and ______ are two issues where significant cultural differences are large and progress toward global uniformity has been slow.
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bribery and protection of intellectual property
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