6. Which of the following is an example of
competing on quick response?
A. a firm produces its product with less raw
material waste than its competitors
B. a firm offers more reliable products than its
competitors
C. a firm's products are introduced into the
market faster than its competitors'
D. a firm's research and development
department generates many ideas for new
products
Answers
Answer:
Question 1:- Which of the following statements best characterizes delivery reliability?
a) A company that always delivers on the same day of the week
b) A company that always delivers at the promised time
c) A company that delivers more frequently than its competitors
d) A company that delivers faster than its competitors
Question 2:- Which of the following is the best example of competing on low-cost leadership?
a) A firm produces its product with less raw material waste than its competitors
b) A firm offers more reliable products than its competitors
c) A firm's products are introduced into the market faster than its competitors'
d) A firm's research and development department generates many ideas for new products
Question 3:- Which of the following is an example of competing on quick response?
a) Firm produces its product with less raw material waste than its competitors
b) A firm offers more reliable products than its competitors
c) A firm's products are introduced into the market faster than its competitors'
d) A firm's research and development department generates many ideas for new products
Question 4:- Which of the following influences layout design?
a) Capacity needs
b) Personnel levels
c) Purchasing decisions
d) All of the above influence layout decision
Question 5:- The fundamental purpose for the existence of any organization is described by its
a) Policies
b) Mission
c) Procedures
d) Strategy
Question 6:- The fundamental purpose of an organization's mission statement is to
a) Create a good human relations climate in the organization
b) Define the organization's purpose in society
c) Define the operational structure of the organization
d) Generate good public relations for the organization
Question 7:- Which of the following statements concerning the operations management decision is relevant to services?
a) There are many objective quality standards.
b) The customer is not involved in most of the process.
c) The work force's technical skills are very important.
d) Labor standards vary depending on customer requirements.
Question 8:- Which of these organizations is likely to have the most important inventory decisions?
a) A marketing research firm
b) A lobbying agency
c) A management consulting firm
d) A restaurant
Question 9:- The PIMS program has identified
a) The operations decisions all organizations must make
b) The distinctive competencies any company needs
c) The characteristics of firms with high "ROI"
d) all of the above
Question 10:- Which of the following is not one of the five PIMS characteristics of high Return on Investment organizations?
a) High product quality
b) High capacity utilization
c) Low investment intensity
d) All of the above are PIMS characteristics
Question 11:- Optimizing capacity would be most appropriate for which stage in the product life cycle?
a) introduction
b) Growth
c) Maturity
d) Decline
Question 12:- Standardization is an appropriate strategy in which stage of the product life cycle?
a) Introduction
b) Growth
c) Maturity
d) Decline
Question 13:- Cost minimization is an appropriate strategy in which stage of the product life cycle?
a) Introduction
b) Growth
c) Maturity
d) Decline