Mgmt 4000 UGA Test 1 Chapter 1 & 2 PDF

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Download Mgmt 4000 UGA Test 1 Chapter 1 & 2 PDF

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MGMT 4000: UGA- Montgomery, Test 1: Chapters 1 & 2 Quiz Study online at quizlet.com/_7zwqsx 1.

One reason for studying operations and supply chain management is...

2.

The supply network can be thought of as a pipeline through which cash, material, FALSE. It is a pipeline through which ONLY and information flows. T/F? material and information flows. NOT cash

3.

T/F? An order qualifier is a set of screening criteria that permits a firm's product to be considered a possible candidate for purchase

TRUE

4.

T/F? An order winner is a set of criteria that differentiates products or services of one firm from that of another.

TRUE

5.

T/F? Lean manufacturing refers to Just-in-time production coupled with total quality control

TRUE

6.

T/F? One of the competitive dimensions that form the competitive position of a company when planning its strategies is cost.

TRUE

7.

T/F? Services are intangible processes that cannot be weighed or measured.

8.

T/F? Sustainability is the ability to maintain profits within a system.

FALSE- sustainability is the ability to maintain BALANCE within a system.

9.

T/F? The triple bottom line considers evaluating the firm against social, economic, and environmental criteria.

TRUE

10.

T/F? Within a sustainability framework, the economic dimension of the triple bottom line goes beyond just profit for the firm but also provides lasting economic benefit to society

TRUE

All managers should understand the basic principles which guide the design of transformation processes

TRUE...