BUS 370 EXAM 1
ACTUAL QUESTIONS AND CORRECT VERIFIED
ANSWERS
LATEST 2026|27 UPDATE
1. Operations Management
answer >> "The planning, scheduling, and control of the activities that transform inputs into
finished goods and services" is the definition of
2. Supply Chain
answer >> "A network of manufacturers and service providers that work together to convert
and move goods from the raw materials stage through to the end user" is the definition of
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, 3. Fulfilled needs
answer >> Which of these is an output to a single organization's transformation process?
4. Which of these statements about the transformation process is best?
answer >> Operations are highly dependent on the quality of inputs.
5. Which of these is NOT a flow that moves up and down the supply
chain?
answer >> pro- cedural
6. A decade ago, most music was sold as physical CDs in music stores.
Compa- nies, such as Apple, sell music over the internet. In this
example, by effectively utilizing information technology to automate
this business transaction, Apple exhibits which of the following
important trends in supply chain management?
-
answer >> Electronic Commerce
7. A retailer cooperates with a manufacturer by coordinating
promotional activi- ties (items they plan to put on sale and advertise
heavily) with the manufacturer to assist the manufacturer plan
production and inventory. This is an example of which of the
following important trends in operations and supply chain
management?
answer >> Relationship Management
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, 8. A U.S. equipment manufacturer finds a less expensive source of
supply in China for steel forgings currently purchased from a United
State's supplier. The manufacturer switches from the U.S. to the
Chinese forging supplier. This is an example of which of the
following important trends in operations and supply chain
management?
answer >> Increasing competition and globalization
9. The use of information technology to automate business
transactions is known as
answer >> e-commerce
10. The text indicates that which of the following is perhaps the most
difficult of all the activities that operations and supply chain personnel
perform?
answer >> relationship management
11. The supply chain function works with finance and accounting on
determin- ing capital investments in manufacturing plants and
resource levels, such as workforce. This supply chain activity is
answer >> capacity planning
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ACTUAL QUESTIONS AND CORRECT VERIFIED
ANSWERS
LATEST 2026|27 UPDATE
1. Operations Management
answer >> "The planning, scheduling, and control of the activities that transform inputs into
finished goods and services" is the definition of
2. Supply Chain
answer >> "A network of manufacturers and service providers that work together to convert
and move goods from the raw materials stage through to the end user" is the definition of
https://www.stuvia.com/user/successguarantee 1/
16
, 3. Fulfilled needs
answer >> Which of these is an output to a single organization's transformation process?
4. Which of these statements about the transformation process is best?
answer >> Operations are highly dependent on the quality of inputs.
5. Which of these is NOT a flow that moves up and down the supply
chain?
answer >> pro- cedural
6. A decade ago, most music was sold as physical CDs in music stores.
Compa- nies, such as Apple, sell music over the internet. In this
example, by effectively utilizing information technology to automate
this business transaction, Apple exhibits which of the following
important trends in supply chain management?
-
answer >> Electronic Commerce
7. A retailer cooperates with a manufacturer by coordinating
promotional activi- ties (items they plan to put on sale and advertise
heavily) with the manufacturer to assist the manufacturer plan
production and inventory. This is an example of which of the
following important trends in operations and supply chain
management?
answer >> Relationship Management
https://www.stuvia.com/user/successguarantee 2/
16
, 8. A U.S. equipment manufacturer finds a less expensive source of
supply in China for steel forgings currently purchased from a United
State's supplier. The manufacturer switches from the U.S. to the
Chinese forging supplier. This is an example of which of the
following important trends in operations and supply chain
management?
answer >> Increasing competition and globalization
9. The use of information technology to automate business
transactions is known as
answer >> e-commerce
10. The text indicates that which of the following is perhaps the most
difficult of all the activities that operations and supply chain personnel
perform?
answer >> relationship management
11. The supply chain function works with finance and accounting on
determin- ing capital investments in manufacturing plants and
resource levels, such as workforce. This supply chain activity is
answer >> capacity planning
https://www.stuvia.com/user/successguarantee 3/
16
