2025/2026 Exam All Answers and
Illustrations Given
Effectiveness means doing the right things to create the most value for the
company. - 🧠 ANSWER ✔✔True
Automobiles and appliances are classified as "pure goods." - 🧠 ANSWER
✔✔False
One reason for studying operations and supply chain management
(OSCM) is which of the following? - 🧠 ANSWER ✔✔All managers should
understand the basic principles that guide the design of transformation
processes.
, The goods-services continuum consists of which set of the following
categories? - 🧠 ANSWER ✔✔Pure goods, core goods, core services, pure
services
Which of the following are defined as core goods? - 🧠 ANSWER ✔✔Data
storage systems
Which of the following is not a characteristic that distinguishes services
from goods? - 🧠 ANSWER ✔✔Service jobs are unskilled.
Which of the following is not a way that operations and supply processes
are categorized? - 🧠 ANSWER ✔✔Selecting
All other things remaining the same, if the sales revenue increases, asset
turnover ratio will - 🧠 ANSWER ✔✔Increase
The correct order in the good-services continuum is - 🧠 ANSWER ✔✔pure
goods - core goods - core services - pure services.
Which of the following is not a "Core Service"? - 🧠 ANSWER
✔✔Universities