Operations Management > TEST BANKS > Operations Management Processes And Supply Chains 13th Edition By Lee J. Krajewski, Manoj K. Malhotr (All)

Operations Management Processes And Supply Chains 13th Edition By Lee J. Krajewski, Manoj K. Malhotra TEST BANK

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Operations Management: Processes and Supply Chains, 13e (Krajewski) Chapter 1 Using Operations to Create Value 1.1 Role of Operations in an Organization 1) Operations management refers to the ... direction and control of inputs that transform processes into products and services. Answer: TRUE Difficulty: Easy Keywords: operations management, inputs, process, transformation Learning Outcome: Discuss operations and operations management as a competitive advantage for the organization AACSB: Application of Knowledge Learning Objective: Describe the role of operations in an organization and its historical evolution over time. 2) An operation is a group of resources performing all or part of one or more processes. Answer: TRUE Difficulty: Easy Keywords: operations management, inputs, process, transformation Learning Outcome: Discuss operations and operations management as a competitive advantage for the organization AACSB: Application of Knowledge Learning Objective: Describe the role of operations in an organization and its historical evolution over time. 3) The three main line functions of any business include Operations, Finance and Marketing. Answer: TRUE Difficulty: Easy Keywords: operations, finance, marketing Learning Outcome: Discuss operations and operations management as a competitive advantage for the organization AACSB: Application of Knowledge Learning Objective: Describe the role of operations in an organization and its historical evolution over time. 4) The scope of supply chain management is restricted to the synchronization of the process among the various business functions within the firm. Answer: FALSE Difficulty: Easy Keywords: supply chain management, processes Learning Outcome: Discuss operations and operations management as a competitive advantage for the organization AACSB: Application of Knowledge Learning Objective: Describe the role of operations in an organization and its historical evolution over time. 5) Regardless of how departments like Accounting, Engineering, Finance, and Marketing function in an organization, they are all linked together through: A) management. B) processes. C) customers. D) stakeholders. Answer: B Difficulty: Moderate Keywords: departments, functions, processes Learning Outcome: Discuss operations and operations management as a competitive advantage for the organization AACSB: Application of Knowledge Learning Objective: Describe the role of operations in an organization and its historical evolution over time. [Show More]

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