Operations Management > TEST BANK > Operations Management ( Canadian Edition) 7th Edition By Stevenson, Hojati, Cao, Mottaghi, Bakhtiari (All)
Operations Management ( Canadian Edition) 7th Edition By Stevenson, Hojati, Cao, Mottaghi, Bakhtiari TEST BANK
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Chapter 1: Introduction to Operations Management 1) 2) Operations management encompasses all of the following EXCEPT: A) buying materials. B) capacity planning. C) scheduling. D) motivat... ing employees and training. E) preparing financial statements. All of the following are reasons for studying operations management EXCEPT: A) A large percentage of a company's expenses occur in the operations management activities that are at the core of all business organizations. B) Activities in all of the other areas of business organizations, such as accounting and marketing are interrelated with operations management activities. C) Many management jobs are in operations management-related areas, such as production planning, inventory management, and more. D) The study of operations management applies to manufacturing, however, it is of little use in service organizations. E) Operations innovations lead to marketplace and strategic benefits. 3) 4) The three primary functions that exist in most business organizations are: A) manufacturing, production, and operations. B) operations, marketing, and finance. C) operations, accounting, and marketing. D) operations, production, and finance. E) operations, sales and accounting The three major functions of business organizations: [Show More]
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