Exam 9: Production and Operations Management
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment315 Questions
Exam 2: Understanding Economics and How It Affects Business305 Questions
Exam 3: Doing Business in Global Markets346 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior257 Questions
Exam 5: How to Form a Business342 Questions
Exam 6: Entrepreneurship and Starting a Small Business302 Questions
Exam 7: Management and Leadership281 Questions
Exam 8: Structuring Organizations for Todays Challenges364 Questions
Exam 9: Production and Operations Management321 Questions
Exam 10: Motivating Employees357 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees423 Questions
Exam 12: Dealing With Employeemanagement Issues297 Questions
Exam 13: Marketing: Helping Buyers Buy250 Questions
Exam 14: Developing and Pricing Goods and Services356 Questions
Exam 15: Distributing Products314 Questions
Exam 16: Using Effective Promotions262 Questions
Exam 17: Understanding Accounting and Financial Information362 Questions
Exam 18: Financial Management297 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities397 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve306 Questions
Exam 21: Working Within the Legal Environment242 Questions
Exam 22: Using Technology to Manage Information192 Questions
Exam 23: Managing Risk128 Questions
Exam 24: Managing Personal Finances255 Questions
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A major trend in business is ________, where employees work at least part time at home using a computer.
(Multiple Choice)
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In a modular manufacturing layout teams of workers combine to produce more complex units.
(True/False)
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As businesses strive for market expansion, companies add to their sales force, but opt to eliminate sales offices across the nation and internationally. How are these firms able to remotely operate a sales force that contributes toward increasing the bottom line?
(Multiple Choice)
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Digit Designs manufactures high-quality gloves and other accessories. It already uses both computer-aided design and computer-aided manufacturing. Unfortunately, the two systems cannot communicate with each other. William Warmdigit, a production manager at Digit Designs, has heard about software that allows CAD and CAM to work together, and wants to learn more about it. William is interested in
(Multiple Choice)
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________ is the physical arrangement of resources in the production process.
(Multiple Choice)
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If a company achieves Six Sigma quality standards, they automatically win the Malcolm Baldrige award.
(True/False)
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The critical path identified by PERT analysis is the sequence of tasks that can be completed in the shortest amount of time.
(True/False)
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The Deming Cycle is designed to catch errors before they happen.
(True/False)
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The concept just-in-time (JIT) works well if a company works with lots of suppliers. It also helps avoid the breakdowns that occur when operating with an enterprise resource planning system.
(True/False)
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Extel, Inc., acquires components to create its computers from an assortment of suppliers. The company then puts them together according to customer specifications to create custom-made computers. This is an example of
(Multiple Choice)
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Susie works for an architectural firm and the partners have always drawn the plans for projects by hand. Though Susie learned how to draw by hand in college, she is also highly skilled on computer programs that allow her to create designs in 3D. She plans to demonstrate the effectiveness of such programs to the firm's partners. The computer program she will recommend to the partners is
(Multiple Choice)
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American companies, like IBM, prefer to stay the course and continue to compete by selling products instead of services.
(True/False)
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Companies that employ lean manufacturing and flexible manufacturing produce better quality products, but have costlier production lines.
(True/False)
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At Skilled Specialties, Inc., production line employees often work side by side with their robotic counterparts. This practice is also common among many of Skilled Specialties' other American competitors. The resurgence of U.S. manufacturing firms in recent years can be credited to
(Multiple Choice)
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Maintaining ________ involves producing what the customer wants while reducing errors before and after delivery to the customer.
(Multiple Choice)
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Process manufacturing physically or chemically alters materials to create finished goods.
(True/False)
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