Test-Bank-for-Operations-Management-5th-Edition-by-Reid

Test-Bank-for-Operations-Management-5th-Edition-by-Reid -...

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full file at http://testbankassistant.com File: ch01, Chapter 1: Introduction to Operations Management Multiple Choice 1. Every business is managed through what three major functions? a) accounting, finance, and marketing b) engineering, finance, and operations management c) accounting, purchasing, and human resources d) accounting, engineering, and marketing e) finance, marketing, and operations management Ans: e Section Ref: What is Operations Management? Level: easy 2. Which business function is responsible for managing cash flow, current assets, and capital investments? a) accounting b) finance c) marketing d) operations management e) purchasing Ans: b Section Ref: What is Operations Management? Level: easy 3. The finance function is responsible for 4. Which business function is responsible for sales, generating customer demand, and understanding customer wants and needs? full file at http://testbankassistant.com
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full file at http://testbankassistant.com 5. Which business function is responsible for planning, coordinating, and controlling the resources needed to produce a company’s products and services? 6. Which of the following is not true for business process reengineering? a) It can increase efficiency. b) It cannot be used to improve quality. c) It can reduce costs. d) It involves asking why things are done in a certain way. e) It involves redesigning processes. Ans: b Section Ref: Historical Development Level: easy 7. At the GAP, which function plans and coordinates all the resources needed to design, produce, and deliver the merchandise to its various retail locations?
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