OPRE 3310 Exam 1 Questions with Correct Answers Latest Update

OPRE 3310 Exam 1 Questions with Correct Answers Latest Update False - Answers Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. True or False True - Answers The value of outputs is measured by the prices customers are willing to pay for goods or services. True or False A. overlap - Answers Business organizations consist of three major functions which: A. overlap B. are mutually exclusive C. exist independently of each other D. function independently of each other E. do not interface with each other D. feedback - Answers Measurements taken at various points in the transformation process for control purposes are called: A. plans B. directions C. controls D. feedback E. budgets D. mass production for economies of scale - Answers Which of the following is not an ongoing trend in manufacturing competition? A. globalization B. quality improvement C. flexibility and agility D. mass production for economies of scale E. technological advances B. outsourced - Answers Manufacturing work sent to other countries is called: A. downsized B. outsourced C. internationalization D. vertical integration E. entrepreneurial ship False - Answers Productivity is defined as the ratio of input to output. True or False False - Answers If people would only work harder, productivity would increase. True or False A. strategic - Answers Product design and choice of location are examples of _______ decisions. A. strategic B. tactical C. operational D. customer focused E. design