OM 300 Exam 3 Questions with 100% Correct
Answers
What is the major difference in focus between a
location decision in the service sector vs. the
manufacturing sector? Correct Answer: The focus in
service is on revenue maximization, while the focus in
manufacturing is on cost minimization.
Which of the following statements is NOT true regarding
location decisions? Correct Answer: Once management
is committed to a specific location, many costs become
relatively easy to reduce.
What term refers to the location of competing
companies near each other? Correct Answer: Clustering
What term refers to the location of competing
companies near each other? Correct Answer: Public
Transportation Facilities
Which of the following methods is a mathematical
technique used for finding the best location for a single
distribution point that services several stores or areas?
Correct Answer: Center-of-Gravity Method
,Which of the following techniques might a service or
retail organization use to make a location decision?
Correct Answer: Traffic Counts
A goods-producing location decision would likely
emphasize the importance of which of the following?
Correct Answer: Utility and Labor Costs
Labor planning is determining staffing policies that deal
with all EXCEPT which of the following?
A.
work schedules
B.
work rules
C.
employment stability
D.
quality of work life Correct Answer: D
, A flexible workweek is sometimes called
A.
a jellyfish workweek.
B.
a part-time workweek.
C.
flextime.
D.
a compressed workweek. Correct Answer: D
The difference between job enrichment and job
enlargement is that
A.
enriched jobs enable an employee to do a number of
boring jobs instead of just one.
B.
Answers
What is the major difference in focus between a
location decision in the service sector vs. the
manufacturing sector? Correct Answer: The focus in
service is on revenue maximization, while the focus in
manufacturing is on cost minimization.
Which of the following statements is NOT true regarding
location decisions? Correct Answer: Once management
is committed to a specific location, many costs become
relatively easy to reduce.
What term refers to the location of competing
companies near each other? Correct Answer: Clustering
What term refers to the location of competing
companies near each other? Correct Answer: Public
Transportation Facilities
Which of the following methods is a mathematical
technique used for finding the best location for a single
distribution point that services several stores or areas?
Correct Answer: Center-of-Gravity Method
,Which of the following techniques might a service or
retail organization use to make a location decision?
Correct Answer: Traffic Counts
A goods-producing location decision would likely
emphasize the importance of which of the following?
Correct Answer: Utility and Labor Costs
Labor planning is determining staffing policies that deal
with all EXCEPT which of the following?
A.
work schedules
B.
work rules
C.
employment stability
D.
quality of work life Correct Answer: D
, A flexible workweek is sometimes called
A.
a jellyfish workweek.
B.
a part-time workweek.
C.
flextime.
D.
a compressed workweek. Correct Answer: D
The difference between job enrichment and job
enlargement is that
A.
enriched jobs enable an employee to do a number of
boring jobs instead of just one.
B.
