Quiz 8 Chapter 10 "Operations Management"

Logistics management encompasses all of the following EXCEPT:

Manufacturing

Which of the following is NOT a step in outsourcing?

Opening a new plant in a foreign country

Which of the following is NOT an example of supply chain sustainability?

Using a more than necessary amount of resources

Which one of the following is NOT an example of a Total Quality Management (TQM) practice?

Working harder

The two departments that are usually involved in the purchasing process are:

Accounts payable and purchasing department

Which of the following is a potential improvement to a transport route? Eliminating the route altogether Dividing the route in to two Merging with another route

All of these answers

Which one of the following is an example of a strategic operation decision?

Determining how labor and equipment are organized

Which one of the following is a characteristic of the service sector?

Intangible products

Fill in the blank. Cory is the Director of Business Development for a drug company. Part of his responsibilities requires him to develop five-year plans and present them to the executive team. Cory has been with the organization for a while and knows that the executives like detail. They want to see the necessary steps Cory is going to take to achieve the five-year goal, so Cory explains his five-year plan in one-year intervals. According to what you have learned, Cory is providing the executives with a (an) _____________.

Operational plan

The one universal criterion for measuring the rate of success in production is:

The ability to produce surplus value