BUS 150 ACTUAL FINALS ANSWERS AND
QUESTIONS SET A+
✔✔_____ control attempts to monitor the quality or quantity of resources before they
enter an organization.
a. Preliminary
b. Transformational
c. Screening
d. Postaction - ✔✔a. preliminary
✔✔A production manager argues that she failed to meet a certain cost standard
because of increased prices of raw materials. A properly designed inventory control
system will either support or contradict her explanation. This example shows that
resistance to control can be overcome by:
a. demanding excessive accountability.
b. flexibility.
c. developing verification procedures.
d. micromanaging. - ✔✔c. developing verification procedures
✔✔Organizations that use a _____ control system require foreign branches to report
less frequently and in less detail.
a. decentralized
b. nonmonetary
c. preliminary
d. bureaucratic - ✔✔a. decentralized
✔✔Which of the following is true of an operating ratio?
a. It estimates an organization's ability to cover interest expenses on borrowed capital.
b. It reflects an organization's ability to meet long-term financial obligations.
c. It indicates how liquid an organization's assets are.
d. It indicates the effectiveness of specific functional areas. - ✔✔d. It indicates the
effectiveness of specific functional areas.
, ✔✔Which of the following is true of the quantitative management perspective? - ✔✔
✔✔Which of the following is true of manufacturing?
a. It creates products that cannot be quantified.
b. It does not require organizational strategy.
c. It transforms resources into tangible outcomes.
d. It creates time utility for its customers. - ✔✔c. It transforms resources into tangible
outcomes.
✔✔Jorah works as a technician at a factory that assembles train coaches. The coach
remains stationary, and workers and machines move around it as it is assembled.
Which of the following layouts is used at Jorah's workplace?
a. Cellular layout
b. Product layout
c. Fixed-position layout
d. Process layout - ✔✔c. Fixed-position layout
✔✔_________ is the total set of managerial activities used by an organization to
transform resource inputs into products, services, or both.
a. Bureaucratic control
b. A service organization
c. Manufacturing
d. Operations management - ✔✔d. Operations management
✔✔Procurement refers to _____ management.
a. quality
b. purchasing
c. inventory
d. supply chain - ✔✔b. purchasing
✔✔_____ layouts are used when families of products can follow similar flow paths.
a. Product
b. Process
c. Cellular
d. Fixed-position - ✔✔c. cellular
✔✔_______ can be defined as the process of managing operations control, resource
acquisition, and purchasing, an inventory so as to improve overall efficiency and
effectiveness.
a. Supply chain management
b. Product-service mix
c. Inventory control
d. Purchasing management - ✔✔a. Supply chain management
QUESTIONS SET A+
✔✔_____ control attempts to monitor the quality or quantity of resources before they
enter an organization.
a. Preliminary
b. Transformational
c. Screening
d. Postaction - ✔✔a. preliminary
✔✔A production manager argues that she failed to meet a certain cost standard
because of increased prices of raw materials. A properly designed inventory control
system will either support or contradict her explanation. This example shows that
resistance to control can be overcome by:
a. demanding excessive accountability.
b. flexibility.
c. developing verification procedures.
d. micromanaging. - ✔✔c. developing verification procedures
✔✔Organizations that use a _____ control system require foreign branches to report
less frequently and in less detail.
a. decentralized
b. nonmonetary
c. preliminary
d. bureaucratic - ✔✔a. decentralized
✔✔Which of the following is true of an operating ratio?
a. It estimates an organization's ability to cover interest expenses on borrowed capital.
b. It reflects an organization's ability to meet long-term financial obligations.
c. It indicates how liquid an organization's assets are.
d. It indicates the effectiveness of specific functional areas. - ✔✔d. It indicates the
effectiveness of specific functional areas.
, ✔✔Which of the following is true of the quantitative management perspective? - ✔✔
✔✔Which of the following is true of manufacturing?
a. It creates products that cannot be quantified.
b. It does not require organizational strategy.
c. It transforms resources into tangible outcomes.
d. It creates time utility for its customers. - ✔✔c. It transforms resources into tangible
outcomes.
✔✔Jorah works as a technician at a factory that assembles train coaches. The coach
remains stationary, and workers and machines move around it as it is assembled.
Which of the following layouts is used at Jorah's workplace?
a. Cellular layout
b. Product layout
c. Fixed-position layout
d. Process layout - ✔✔c. Fixed-position layout
✔✔_________ is the total set of managerial activities used by an organization to
transform resource inputs into products, services, or both.
a. Bureaucratic control
b. A service organization
c. Manufacturing
d. Operations management - ✔✔d. Operations management
✔✔Procurement refers to _____ management.
a. quality
b. purchasing
c. inventory
d. supply chain - ✔✔b. purchasing
✔✔_____ layouts are used when families of products can follow similar flow paths.
a. Product
b. Process
c. Cellular
d. Fixed-position - ✔✔c. cellular
✔✔_______ can be defined as the process of managing operations control, resource
acquisition, and purchasing, an inventory so as to improve overall efficiency and
effectiveness.
a. Supply chain management
b. Product-service mix
c. Inventory control
d. Purchasing management - ✔✔a. Supply chain management
