BUS 370 EXAM 1
ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS
LATEST 2026|27 UPDATE
1. Operations Management
answer >> "The planning, scheduling, and control of the activities that transform inputs into finished
goods and services" is the definition of
2. Supply Chain
answer >> "A network of manufacturers and service providers that work together to convert and move
goods from the raw materials stage through to the end user" is the definition of
3. Fulfilled needs
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, answer >> Which of these is an output to a single organization's transformation process?
4. Which of these statements about the transformation process is best?
answer >> Operations are highly dependent on the quality of inputs.
5. Which of these is NOT a flow that moves up and down the supply chain?
answer >> pro- cedural
6. A decade ago, most music was sold as physical CDs in music stores. Compa-
nies, such as Apple, sell music over the internet. In this example, by effectively
utilizing information technology to automate this business transaction, Apple
exhibits which of the following important trends in supply chain management?
-
answer >> Electronic Commerce
7. A retailer cooperates with a manufacturer by coordinating promotional activi-
ties (items they plan to put on sale and advertise heavily) with the manufacturer
to assist the manufacturer plan production and inventory. This is an example
of which of the following important trends in operations and supply chain
management?
answer >> Relationship Management
8. A U.S. equipment manufacturer finds a less expensive source of supply in
China for steel forgings currently purchased from a United State's supplier. The
manufacturer switches from the U.S. to the Chinese forging supplier. This is an
example of which of the following important trends in operations and supply
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, chain management?
answer >> Increasing competition and globalization
9. The use of information technology to automate business transactions is
known as
answer >> e-commerce
10. The text indicates that which of the following is perhaps the most difficult of
all the activities that operations and supply chain personnel perform?
answer >> relationship management
11. The supply chain function works with finance and accounting on determin-
ing capital investments in manufacturing plants and resource levels, such as
workforce. This supply chain activity is
answer >> capacity planning
https://www.stuvia.com/en-us/user/MBoffin 3/
16
ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS
LATEST 2026|27 UPDATE
1. Operations Management
answer >> "The planning, scheduling, and control of the activities that transform inputs into finished
goods and services" is the definition of
2. Supply Chain
answer >> "A network of manufacturers and service providers that work together to convert and move
goods from the raw materials stage through to the end user" is the definition of
3. Fulfilled needs
https://www.stuvia.com/en-us/user/MBoffin 1/
16
, answer >> Which of these is an output to a single organization's transformation process?
4. Which of these statements about the transformation process is best?
answer >> Operations are highly dependent on the quality of inputs.
5. Which of these is NOT a flow that moves up and down the supply chain?
answer >> pro- cedural
6. A decade ago, most music was sold as physical CDs in music stores. Compa-
nies, such as Apple, sell music over the internet. In this example, by effectively
utilizing information technology to automate this business transaction, Apple
exhibits which of the following important trends in supply chain management?
-
answer >> Electronic Commerce
7. A retailer cooperates with a manufacturer by coordinating promotional activi-
ties (items they plan to put on sale and advertise heavily) with the manufacturer
to assist the manufacturer plan production and inventory. This is an example
of which of the following important trends in operations and supply chain
management?
answer >> Relationship Management
8. A U.S. equipment manufacturer finds a less expensive source of supply in
China for steel forgings currently purchased from a United State's supplier. The
manufacturer switches from the U.S. to the Chinese forging supplier. This is an
example of which of the following important trends in operations and supply
https://www.stuvia.com/en-us/user/MBoffin 2/
16
, chain management?
answer >> Increasing competition and globalization
9. The use of information technology to automate business transactions is
known as
answer >> e-commerce
10. The text indicates that which of the following is perhaps the most difficult of
all the activities that operations and supply chain personnel perform?
answer >> relationship management
11. The supply chain function works with finance and accounting on determin-
ing capital investments in manufacturing plants and resource levels, such as
workforce. This supply chain activity is
answer >> capacity planning
https://www.stuvia.com/en-us/user/MBoffin 3/
16
