Bus 70 Exam 3 Review

Front

What is the primary focus of operations management?

Back

Developing and administering activities to transform resources into goods and services

Front

What does the Transformation Process primarily involve?

Back

Converting inputs into outputs

Front

Which of the following best describes inputs and outputs in the transformation process?

Back

Inputs are resources like labor, money, materials, and energy, while outputs are the goods, services, and ideas produced.

Front

Which of the following is NOT typically considered when deciding where to locate a facility? Taxes and inducements, Proximity to market, Availability of raw materials, transportation, power, and labor, Climatic influences and community characteristics

Back

The type of distribution channel

Front

What is the primary goal of supply chain management?

Back

To connect and integrate all parties of the distribution system in order to satisfy customers

Front

Which of the following is NOT a type of logistics? Inbound logistics, Outbound logistics, Supplier logistics, Third-party logistics

Back

Supplier logistics

Front

What does MRP stand for and what does it do?

Back

Material Requirements Planning, which schedules the precise quantity of materials needed to make the product.

Front

What best describes motivation?

Back

The inner drive that directs a person’s behavior toward a goal.

Front

Which of the following best distinguishes intrinsic rewards from extrinsic rewards?

Back

Intrinsic rewards are the personal satisfaction and enjoyment you feel from achieving a goal, while extrinsic rewards are benefits or recognition you receive from others.

Front

What does the Classical Theory of Motivation suggest about what motivates workers?

Back

Money is the sole motivator for workers.