QUESTION NO: 1
Which of the following is NOT an approach to creating the best overall company strategy?
Which of the following is NOT an approach to creating the best overall company strategy?
Correct Answer: B
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QUESTION NO: 2
Which of the following does NOT support forward integration?
Which of the following does NOT support forward integration?
Correct Answer: A
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QUESTION NO: 3
What are the 3 primary reasons why business units lose focus?
What are the 3 primary reasons why business units lose focus?
Correct Answer:
1 . Business units lose focus because of flawed notions about fixed costs and incremental contributions.
2 . Business units lose focus when managers pursue nonstrategic growth targets.
3 . Business units lose focus because they are ignorant of the true profitability of customers, products, and services.
2 . Business units lose focus when managers pursue nonstrategic growth targets.
3 . Business units lose focus because they are ignorant of the true profitability of customers, products, and services.
QUESTION NO: 4
Which is MOST associated with a flow line of production activity control?
Which is MOST associated with a flow line of production activity control?
Correct Answer: A
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QUESTION NO: 5
According to the Kapp article, which of the following are levels of training evaluation?
I. Pre-test before coming to training
II. Test or demonstration of the skill
III. Evaluation checks to ensure student is using the skills learned in training
IV. Bottom line impact of training reviewed
According to the Kapp article, which of the following are levels of training evaluation?
I. Pre-test before coming to training
II. Test or demonstration of the skill
III. Evaluation checks to ensure student is using the skills learned in training
IV. Bottom line impact of training reviewed
Correct Answer: C
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QUESTION NO: 6
What is the BEST way to reduce inventory?
What is the BEST way to reduce inventory?
Correct Answer: C
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QUESTION NO: 7
If a company has a capacity shortfall due to a machine shortage, what is the quickest and most effective
way to maximize the capacity constraint?
If a company has a capacity shortfall due to a machine shortage, what is the quickest and most effective
way to maximize the capacity constraint?
Correct Answer: C
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QUESTION NO: 8
Which of the following are NOT considered a part of the quality management principles?
Which of the following are NOT considered a part of the quality management principles?
Correct Answer: D
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QUESTION NO: 9
What are the 4 types of strategies?
What are the 4 types of strategies?
Correct Answer:
1 . Financial strategy
2 . Product Development strategy
3 . Operations strategy
4 . Marketing strategy
2 . Product Development strategy
3 . Operations strategy
4 . Marketing strategy
QUESTION NO: 10
Which of the following in a modern company is the LOWEST cost element?
Which of the following in a modern company is the LOWEST cost element?
Correct Answer: D
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QUESTION NO: 11
When told to eliminate waste, what should you be looking to eliminate?
When told to eliminate waste, what should you be looking to eliminate?
Correct Answer: B
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QUESTION NO: 12
A company's business strategy must reflect company's what?
A company's business strategy must reflect company's what?
Correct Answer: A
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QUESTION NO: 13
Which of the following does NOT support forward integration?
Which of the following does NOT support forward integration?
Correct Answer: A
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QUESTION NO: 14
Which of the following is NOT a part of sustainability to the organization, stakeholders, and supply chain?
Which of the following is NOT a part of sustainability to the organization, stakeholders, and supply chain?
Correct Answer: C
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