Question 1

Briefly explain the concept of strategies,systems,and processes.

Accepted Answer

A strategy is a plan of action.Strategie

Question 2

Which of the following ratios is best suited to analyze how the company finances its projects?

Accepted Answer

A) inventory turnover 
B) debt ratio 
C) current ratio 
D) acid test ratio 
E) return on investment 
A) inventory turnover 
B) debt ratio 
C) current ratio 
D) acid test ratio 
E) return on investment

Question 3

________ helps managers understand the relationships between fixed costs,variable costs,total costs,and profit and loss within an organization.

Accepted Answer

A) Algebraic analysis 
B) Graphic analysis 
C) Control analysis 
D) Break-even analysis 
E) Information analysis 
A) Algebraic analysis 
B) Graphic analysis 
C) Control analysis 
D) Break-even analysis 
E) Information analysis

Question 4

Quality ranking is totally dependent on the industry standards.

Accepted Answer

A) True 
 B)False

Question 5

The performance of managerial activities that involve selecting,designing,managing,controlling and updating production systems is called ________.

Accepted Answer

A) strategic management 
B) tactical management 
C) operations management 
D) input management 
E) service management 
A) strategic management 
B) tactical management 
C) operations management 
D) input management 
E) service management

Question 6

________ layout is a layout pattern that groups together similar types of equipment.

Accepted Answer

A) Process 
B) Fixed position 
C) Group technology 
D) Product 
E) Material 
A) Process 
B) Fixed position 
C) Group technology 
D) Product 
E) Material

Question 7

________ is an operational plan of action outlining which goods and services an organization will produce and market.

Accepted Answer

A) Capacity strategy 
B) Product strategy 
C) Process strategy 
D) Layout strategy 
E) Location strategy 
A) Capacity strategy 
B) Product strategy 
C) Process strategy 
D) Layout strategy 
E) Location strategy

Question 8

Briefly describe JIT inventory control.

Accepted Answer

Just-in-time (JIT)inventory control is a

Question 9

In an attempt to reduce the number of defective products,James decides to select and inspect a sample to ensure that the units produced meet the established quality standards.Which of the following is a specific technique used to determine how many products should be included in the sample?

Accepted Answer

A) statistical quality control 
B) Six Sigma 
C) flexible manufacturing 
D) quality circles 
E) quality assurance 
A) statistical quality control 
B) Six Sigma 
C) flexible manufacturing 
D) quality circles 
E) quality assurance

Question 10

Which of the following statements is true of the control tools used in organizations?

Accepted Answer

A) It helps to pinpoint organizational strengths and weaknesses. 
B) It is generally used during the product design stage. 
C) Control tools are not used for day-to-day operations. 
D) Employee control is not possible with the use of these tools. 
E) These tools are used by workers more than managers. 
A) It helps to pinpoint organizational strengths and weaknesses. 
B) It is generally used during the product design stage. 
C) Control tools are not used for day-to-day operations. 
D) Employee control is not possible with the use of these tools. 
E) These tools are used by workers more than managers.

Briefly explain the concept of strategies,systems,and processes.

Which of the following ratios is best suited to analyze how the company finances its projects?

________ helps managers understand the relationships between fixed costs,variable costs,total costs,and profit and loss within an organization.

Quality ranking is totally dependent on the industry standards.

The performance of managerial activities that involve selecting,designing,managing,controlling and updating production systems is called ________.

________ layout is a layout pattern that groups together similar types of equipment.

________ is an operational plan of action outlining which goods and services an organization will produce and market.

Briefly describe JIT inventory control.

In an attempt to reduce the number of defective products,James decides to select and inspect a sample to ensure that the units produced meet the established quality standards.Which of the following is a specific technique used to determine how many products should be included in the sample?

Which of the following statements is true of the control tools used in organizations?

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Principles of Planning

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Filters

Exam 21: Production and Control

Briefly explain the concept of strategies,systems,and processes.

Which of the following ratios is best suited to analyze how the company finances its projects?

________ helps managers understand the relationships between fixed costs,variable costs,total costs,and profit and loss within an organization.

Quality ranking is totally dependent on the industry standards.

The performance of managerial activities that involve selecting,designing,managing,controlling and updating production systems is called ________.

________ layout is a layout pattern that groups together similar types of equipment.

________ is an operational plan of action outlining which goods and services an organization will produce and market.

Briefly describe JIT inventory control.

In an attempt to reduce the number of defective products,James decides to select and inspect a sample to ensure that the units produced meet the established quality standards.Which of the following is a specific technique used to determine how many products should be included in the sample?

Which of the following statements is true of the control tools used in organizations?

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Principles of Planning

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Filters