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OPSY 5315 - Rao- Exam 1 LATEST UPDATE 2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS |100%GUARANTEED PASS!!!

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OPSY 5315 - Rao- Exam 1 LATEST UPDATE 2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT VERIFIED ANSWERS |100%GUARANTEED PASS!!!

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OPSY 5315 - Rao- Exam 1 LATEST UPDATE 2025 ACTUAL EXAM COMPLETE
QUESTIONS AND CORRECT VERIFIED ANSWERS |100%GUARANTEED PASS!!!

Which of the following is NOT considered to be a stakeholder?



A. community members

B. competitors

C. distributors

D. customers - CORRECT ANSWER-competitors



Which of the following is NOT considered to be one of the three primary functions that all
organizations perform?



A. production/operations

B. marketing

C. research and development

D. finance/accounting - CORRECT ANSWER-research and development



Which of these is NOT one of the basic functions of the management process?



A. staffing

B. inspecting

C. controlling

D. leading - CORRECT ANSWER-inspecting



What is the goal for mass customization?

,A. The goal is to enrich jobs and move more decision making to the individual contributor.

B. The goal is to seek creative designs, efficient production, and high-quality goods via
international collaboration.

C. The goal is to produce customized products, whenever and wherever needed.

D. The goal is to let operations managers work with their supply chain to viciously cut
inventories at every level. - CORRECT ANSWER-The goal is to produce customized products,
whenever and wherever needed.



Which of the following is NOT a characteristic of services?



A. produced and consumed simultaneously

B. intangible

C. standardized product

D. unique - CORRECT ANSWER-standardized product



Which of the following is NOT one of the factors that fosters specialization and worldwide
supply chains?



A. cheaper transportation

B. instant communication

C. specialized expert knowledge

D. marketing - CORRECT ANSWER-marketing



Which appears to provide the best opportunity for increases in productivity?



A. capital

B. raw materials

,C. labor

D. management - CORRECT ANSWER-management



Which of the following trends is NOT part of the exciting OM challenges currently facing
operations managers?



A. local focus

B. rapid product development

C. sustainability

D. supply chain partnering - CORRECT ANSWER-local focus



Which of the following is an example of a "hidden" production function?



A. assembling a motorcycle

B. transplanting a liver

C. producing a computer

D. manufacturing a television - CORRECT ANSWER-transplanting a liver



Which of the following does NOT contribute to OM?



A. other disciplines including industrial engineering, statistics, management, and economics

B. information technology

C. unsystematic processing of data

D. innovations from physical sciences - CORRECT ANSWER-unsystematic processing of data



Which of the following activities at a commercial bank is NOT an operations activity?

, A. check clearing

B. auditing

C. maintenance

D. security - CORRECT ANSWER-auditing



Which of the following is NOT one of the four reasons that we study OM?



A. We want to understand what marketing managers do.

B. We want to know how goods and services are produced.

C. It is one of the three major functions of any organization.

D. It is such a costly part of an organization. - CORRECT ANSWER-We want to understand what
marketing managers do.



In general, the supply chain starts with



A. a distributor.

B. the provider of basic raw materials.

C. research and development.

D. final customers at the retail store. - CORRECT ANSWER-the provider of basic raw materials.



A global network of organizations and activities that supply a firm with goods and services is
referred to as

A. a supply chain.

B. business functions.

C. production.

D. operations management. - CORRECT ANSWER-a supply chain.

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