Test
Quiz- Operations strategies
Este test tiene tipos de pregunta que se abren en el reproductor de siempre.
Preguntas del test (34)
1Supply chain management is managing all of the activities required to [blank_start]bring inputs into the business[blank_end], as well as how they move through the production process and how they are delivered to customers.
- Abring inputs into the business
2Planning and controlling the movement and storage of inputs and outputs is an activity of supply chain management called [blank_start]logistics.[blank_end]
- Alogistics.
3Buying, selling and receiving payment for goods and services over the internet is [blank_start]e-commerce[blank_end], a subheading of supply chain management..
- Ae-commerce
4A business uses the best supplier possible in supply chain management, regardless of their location. This is called [blank_start]global sourcing[blank_end].
- Aglobal sourcing
5[blank_start]Performance objectives[blank_end] are goals a business sets for what they hope to achieve so that it is easier to decide what strategy they should use.
- APerformance objectives
6A business needs to set an objective for its output, known as [blank_start]quality[blank_end]. This doesn't necessarily mean the best possible, as it needs to be weighed up against the [blank_start]cost[blank_end].
- Aquality
- Bcost
7Some businesses have an emphasis on how long the production process takes, and so will use [blank_start]speed[blank_end] as a performance objective.
- Aspeed
8Businesses may aim to have a reputation of having a reliable and consistent product, so they will have [blank_start]dependability[blank_end] as a performance objective.
- Adependability
9A performance objective may be to adapt quickly to changes, so the business would be aiming for [blank_start]flexibility[blank_end].
- Aflexibility
10A performance objective could be to make individualised products to meet the customer's specific needs, which is [blank_start]customisation[blank_end].
- Acustomisation
11A business may aim to minimise the expenses in the production process, which is the performance objective of [blank_start]cost[blank_end].
- Acost
12A business may outsource, which is using a third party to carry out [blank_start]a function of the business[blank_end]. This allows a business to focus more on other things, but they do lose control of that area and they may have [blank_start]negative publicity[blank_end] if the third party is a sweatshop due to CSR.
- Aa function of the business
- Bnegative publicity
13A business may choose not to make improvements because they need to [blank_start]overcome resistance to change[blank_end].
- Aovercome resistance to change
14A business may resist change because of the [blank_start]cost[blank_end] of employee redundancy and new equipment
- Acost
15A business may have resistance to change because they are comfortable with the way operations are carried out, and reluctant to change it, which is known as [blank_start]inertia[blank_end].
- Ainertia
16A business can improve its operations, eg by producing higher technology products, by using [blank_start]technology[blank_end].
- Atechnology
17Improvement of operations and a competitive advantage can be given by [blank_start]leading edge technology[blank_end] (the latest), but it is expensive (purchasing, training, redundancy etc) and may not do what is expected.
- Aleading edge technology
18Currently existing technology is known as [blank_start]established technology[blank_end]. It is cheaper to implement and businesses are more able to research how it may be used to improve operations.
- Aestablished technology
19Managing raw materials, works in progress and finished products as they go into the business, through the production process and to customers is known as [blank_start]inventory management[blank_end].
- Ainventory management
20If inventory will deteriorate or does not change over time, the business will use [blank_start]FIFO[blank_end] to manage inventory.
- AFIFO
21If the inventory won't deteriorate, the business will sell its oldest items first, commonly known as [blank_start]LIFO[blank_end].
- ALIFO
22When just the right amount of raw materials arrive at the business as needed, this is known as [blank_start]JIT[blank_end].
- AJIT
23Businesses who use good/service differentiation will need to use the strategy of [blank_start]designing and developing a new product[blank_end], which will allow them to provide something which their customers do not have and create a competitive advantage.
- Adesigning and developing a new product
24If a business enters the global business environment, they will have to alter their operations due to [blank_start]global factors[blank_end].
- Aglobal factors
25A global business may use [blank_start]global sourcing[blank_end] to source its goods, which is using the best source possible for inputs regardless of their location.
- Aglobal sourcing
26As a business goes global, it will expand its output which leads to a reduction in costs due to [blank_start]economies of scale[blank_end].
- Aeconomies of scale
27Monitoring the global business environment to provide ways to improve the business' operations is called [blank_start]scanning and learning[blank_end].
- Ascanning and learning
28A business intentionally invests money for the purpose of gaining new knowledge or creating new ideas is called [blank_start]research[blank_end] and [blank_start]development[blank_end].
- Adevelopment
- Bresearch
29A business must make the best product at the cost the business is willing to pay. Ensuring that the product is good is called [blank_start]quality management[blank_end].
- Aquality management
30Checks along the production process and at the end is [blank_start]controlling[blank_end] the quality.
- Acontrolling
31Establishing procedures to ensure the end result will meet expected quality is [blank_start]assuring[blank_end] the quality.
- Aassuring
32A business may look for way to improve the production process regardless of how good it is, known as quality [blank_start]improvement[blank_end].
- Aimprovement
33Finding businesses who are the leaders in their field and doing operations the way they do is [blank_start]worlds' best practice[blank_end].
- Aworlds' best practice
34Looking at each step of the operations process and seeing how it can be done better is a type of quality improvement known as [blank_start]total quality management[blank_end].
- Atotal quality management
Información
- Descripción
- Year 12 Economics and Business Test sobre Quiz- Operations strategies, creado por Rory Coverdale el 15/03/2017.
- Autor
- Rory Coverdale
- Idioma
- English
- Visitas
- 43
- Historial
- Creado el 15 mar 2017 · actualizado el 16 mar 2017
- Etiquetas
- Valoración
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