OMGT EXAM 1 QUESTIONS AND ANSWERS

OMGT EXAM 1 QUESTIONS AND
ANSWERS

Electronic commerce refers to the use of information technology solutions to automate
business transactions. - Correct Answers -True

The drive for efficiency has decreased the level of globalization in the world economy
over the last twenty years. - Correct Answers -False

Some organizations do not have an operations function - Correct Answers -False

Of the three flows linking organizations in a supply chain, information and monetary
flows always move upstream and physical flows always move downstream - Correct
Answers -False

Most organizations cannot function as part of a larger supply chain - Correct Answers -
False

The supply chain is a network of manufacturers and service providers that work
together to convert and move goods from the raw materials stage to the end user -
Correct Answers -True

To participate in a supply chain, a firm need not actually handle the physical goods at
some point - Correct Answers -True

Information and materials are two examples of inputs to the transformation process -
Correct Answers -True

The transformation process can be used to describe the production on ONLY intangible
services - Correct Answers -False

Inputs to the transformation process are tangible, but the outputs maybe tangible or
intangible - Correct Answers -False

In general, operations management activities are not information and decision intensive
- Correct Answers -False

A second-tier supplier is upstream from a first-tier supplier in the supply chain - Correct
Answers -True