(solved) Wgu C720 All Unit Quizzes - Operations and Supply Chain Management Exam With 100% Correct Answers 2023

In most cases, companies that sell products and companies that sell services both maintain inventories of - Correct Answer-Supporting goods True or False? Organizations with flexible operations respond quickly and inexpensively to the changing needs of customers. - Correct Answer-True In the 1950s, Coca-Cola replaced glass bottles with lighter, less costly aluminum cans without changing the taste of the soda. This operations change best illustrates how technology altered Coca-Cola's - Correct Answer-Product design True or False? Although consumers and organizations benefit from the improved efficiency and lower product costs that result from team-oriented operations, teamwork typically results in fewer job opportunities and lower wages for an organization's employees. - Correct Answer-False Operations managers at Putnam Computers directly facilitate the achievement of organizational goals by - Correct Answer-Allocating financial resources Which term refers to the arrangement of formal relationships between a firm's functional areas? - Correct Answer-Organizational Structure True or False? Due to the pressure to compete globally, an increasing number of firms are changing their organizational structures. Instead of being organized by business processes, more firms are being organized by business functions. - Correct Answer-False The difference between the lowest cost producer of a good and the next-lowest cost producer of the same good is known as a(n) - Correct Answer-Relative advantage Operations managers rarely become involved with worker safety or environmental pollution complaints because such ethical issues are only handled by organization's legal department. - Correct Answer-False refers to the organizational issue of balancing financial profitability with environmental responsibility. - Correct Answer-Sustainability Which of the following is an activity of both service producers and goods producers? - Correct Answer-Focusing on product improvement Through effective operations management, a company improves customer value by - Correct Answer-Enhancing product quality By applying current technology to operations management, a firm is most likely able to - Correct Answer-Make better products with fewer resources If a company's teamwork-oriented operations are managed effectively, what is the likely result? - Correct Answer-Increased product sales Operations managers primarily help a firm implement a strategy by - Correct Answer-Allocating resources The primary reason that many firms are shifting to leaner organizational structures is to - Correct Answer-Improve decision making What is a characteristic of an organizational structure based on business processes? - Correct Answer-Focusing on customer needs For the last 20 years, U.S automakers have struggled to compete with their Japanese competitors. The highly effective distribution systems, management practices, and global strategies of Toyota and Honda have allowed these Japanese automakers to develop a _______ in the auto industry. - Correct Answer-Relative advantage Which ethical issue would impact an operations manager the most? - Correct Answer-Faulty worker safety gear E-Z Delivery Service, a local delivery company, is replacing its fleet of large delivery vans with minivans that are less expensive and use less fuel. Based on the triple bottom line, this decision by E-Z Delivery Service addresses - Correct Answer-Environmental viability and profitability Which statement about services providers and goods producers is true? - Correct Answer-Some service providers operate like manufacturers because they sell a finished good. Which statement best explains the value of operations management? - Correct Answer-Improved organizational efficiency enables organizations to invest in product improvements and innovations. Operations managers at Lawton Automotive are considering the idea of using robotic arms instead of line workers to install tires on cars during the manufacturing process. What would be the likely result of implementing this process technology? - Correct Answer-Increasing production speed Which statement best explains how teamwork-oriented operations affect a firm's ability to compete? - Correct Answer-When labor and management work together, a firm's productivity, quality, and sales improve Which statement about the relationship between strategy and operations is most likely true? - Correct Answer-An operations strategy should develop from an organization's overall strategy How do firms primarily benefit from having more cross-functional teams? - Correct Answer-Decision making improves because team members share knowledge and understand the needs of the firm. Executives at Coffman Computers are considering the idea of changing the firm's organizational structure, which is based on functional areas. What would be the primary benefit of Coffman Computers implementing a structure based on business processes - Correct Answer-Making quicker, better decisions Country X produces toys for the global market better than Country Z. However, Country Z produces appliances better than Country X. Given this information, which statement is most likely true? - Correct Answer-Country Z should import toys and export appliances because it has a relative advantage in appliance production. Which statement about product safety is most likely true? - Correct Answer-Managerial judgment is often necessary when determining appropriate product safety labels. Malcolm, an operations manager at Carson Industries, has been assigned the task of implementing the firm's environmental stewardship strategy. Which of the following would be the best way for Malcolm to accomplish this goal? - Correct Answer-Reducing energy consumption at Carson manufacturing facilities Which term refers to a capability valued by customers that enables a firm to improve its profitability? - Correct Answer-Competitive Advantage True or false? Any organization that adheres to the universal set of customer requirements will develop a competitive advantage and succeed in its industry. - Correct Answer-False In order to develop a competitive advantage, satisfy customers, and achieve organizational success, a firm should focus on - Correct Answer-Business processes True or false? When developing systems to produce goods and services, firms must assemble the necessary internal resources, such as employees and equipment. At this stage, organizations should avoid using external resources to ensure the protection of product ideas. - Correct Answer-False ________ refers to obtaining a customer's order, placing the order in the firm's information system, delivering the product, and satisfying the customer with the product. - Correct Answer-Order fulfillment In a SWOT analysis, ______ refer to internal characteristics of a company that could create a disadvantage for the company. - Correct Answer-Weakness Which of the following is calculated by determining the ratio of outputs achieved divided by the inputs consumed to achieve those outputs? - Correct Answer-Productivity True or false? As manufacturing processes became more automated in the early 1900s, more job opportunities became available in the service sector, which improved the overall standard of living in the U.S. - Correct Answer-True True or false? As indicated with flat-screen televisions, when a firm makes improvements to product quality, product costs increase significantly. - Correct Answer-False Which of the following best describes a competitive advantage? - Correct Answer-A capability valued by customers that gives a firm an edge over its rivals. Patrick wants a unique pair of basketball shoes, so he goes to the Nike website to design an original pair. Patrick can choose the colors for the exterior material, interior lining, shoelaces, and the Nike swoosh, and he can also have his name embroidered on the shoes. The price of Patrick's special shoes is only slightly more than a basic pair, and the shoes will be delivered to Patrick in a few weeks. What tool is Nike using to gain a competitive advantage? - Correct Answer-Mass Customization What is most important in the strategic planning process? - Correct Answer-Creating action plans for accomplishing organizational goals When a firm is developing a system to manufacture a product, ________ is/are essential for making the system work. - Correct Answer-Human resources Eric purchases a Dell laptop through the Dell website. The laptop is delivered to Eric's home five days later. After using the laptop for a few days, Eric decides he is satisfied with the purchase. Given the information provided, Dell has been successful at ________. - Correct Answer-Order fulfillment In terms of a SWOT analysis, which of the following best describes a strength? - Correct Answer-A characteristic that makes a product unique in comparison to the competition Which of the following best defines productivity? - Correct Answer-The ratio of outputs achieved divided by the inputs consumed to achieve those outputs Which of the following declined in the U.S. because of improvements in farming methods and machinery in the mid- to late-1800s? - Correct Answer-Price of food Nikon is seeking a competitive advantage and mass market appeal for its latest compact digital camera. Which combination of quality and cost would be best for Nikon? - Correct Answer-High quality, low cost When a firm is trying to develop a competitive advantage, which of the following must occur first? - Correct Answer-Understanding customers and the environment The primary reason for the success of Office Solutions, an office supply company, is the firm's ability to deliver office supplies to clients within 24 hours of orders being placed. Which statement best explains the competitive advantage of Office Solutions? - Correct Answer-Customers value Office Solutions' quick response to their needs