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Operations and Supply Chain ManagementQUIZES Latest Premium Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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Operations and Supply Chain ManagementQUIZES Latest Premium Exam Questions and Answers with Verified Solutions | Latest Updated 2026

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Operations and Supply Chain Management-
QUIZES Latest Premium Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026



Operations managers rarely False
become Correct. Operations is the most likely place
involved with worker safety or where
environmental pollution complaints workers can be injured and has the
because such ethical issues are greatest
only potential for creating environmental
handled by an organization's legal pollution, so
department these issues are relevant to operations
managers.


The difference between the lowest Relative advantage
cost producer of a good and the Correct. Relative advantage is defined as
next-lowest cost producer of the the
same good is known as a(n) difference between the lowest cost
producer and
the next-lowest cost producer.

,True or false? Due to the pressure False
to Correct. Businesses are shifting from
compete globally, an increasing organizing by
number of firms are changing their business functions, such as operations,
organizational structures. Instead marketing,
of finance, and information systems, to
being organized by business organizing by
processes, more firms are being business process, such as strategy
organized by business functions. formulation,
product development, and order fulfillment.


Which term refers to the Organizational structure
arrangement of formal Correct. Organizational structure is the
relationships infrastructure of formal relationships
between a firm's functional areas? among
different functions or subsystems, such as
marketing, finance, and operations.


Operations managers at Putnam allocating financial services
Computers directly facilitate the Correct. Operations managers allocate
achievement of organizational financial
goals and human resources to help the
by organization
accomplish its goals and implement its
strategy.

, True or false? Although False
consumers Correct. Although labor forces once
and organizations benefit from the believed that
improved efficiency and lower productivity increases would result in fewer
product costs that result from jobs,
team- now workers support higher productivity
oriented operations, teamwork through
typically results in fewer job teamwork because efficiency improves job
opportunities and lower wages for security
an organization's employees. and allows non-inflationary increases in
wages.


True or false? Organizations with true
flexible operations respond quickly Correct. When flexibility is inherent in
and inexpensively to the changing operations,
needs of customers. an organization is able to respond rapidly
and
inexpensively to changing customer
needs.


True or false? As manufacturing true
processes became more Correct. During the late-1800s and the first
automated half of
in the early 1900s, more job the 1900s, improvements in manufacturing
opportunities became available in productivity freed resources for the rapid
the service sector, which improved expansion of service operations.
the overall standard of living in the
U.S.

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