What can be defined as an organization'spurpose, what it will contribute to society?

Seleccione una:

a.Mission

b.Operations

c.Strategy

d.Globalization

What can be defined s thoseactivities that are necessary for a firm to achieve its goals?

Seleccione una:

a.Five forces model

b.Key success factors

c.Value chain

d.SWOT

The float (slack) of any activity in a PERT graph must be:

Seleccione una:

a.

Zero or greater

b.

Zero

c.

Negative

d.

Positive

An activity in a network has the following characteristics: ES = 10, EF = 18 and LS = 12. The duration of the activity is:

Seleccione una:

a.6

b.10

c.Cannot be determined with the information provided

d.8

A restaurant decides to change its menu so that it now offers only vegan dishes. This is an example of which type of strategy?

Seleccione una:

a.Differentiation

b.Response

c.Cost leadership

d.Variety

The Delphi method is an example of which forecasting model?

Seleccione una:

a.Qualitative

b.Time series

c.Matrix

d.Causal

A forecast method solicits input from customers or potential customers regarding future purchasing plans. Which of the following is this method?

Seleccione una:

a.Co-variance analysis

b.Market survey

c.Delphi

d.Historical analogy

Which of the following is not a main reason for businesses to change into an international operation?

Seleccione una:

a.Improve the supply chain

b.Attract and retain global talent

c.Understand markets

d.Improve the payment systems

A global network of organizations and activities that supplies a firm with goods and services is known as:

Seleccione una:

a.Production

b.Keiretsu

c.Supply chain

d.Purchasing partners

Forecasts are divided into major types. Which of the following is not one of them?

Seleccione una:

a.Technological

b.Demand

c.Matrix

d.Economic

Acme Inc. is a manufacturer of car tires.They operate a ten-person assembly line. Last Monday, they produced 2,000 tires in an 8-hour shift. The company then decided to change the assembly line to an eight-person assembly line. Everything else stayed the same. Next Monday,they produced 2,000 tires in an 8-hour shift again. What happened to their productivity?

Seleccione una:

a.Increased

b.There is not enough information to answer the question

c.Decreased

d.Stayed to the same'

The exponential smoothing method relies on a "smoothing constant" which is usually denoted by the letter:

Seleccione una:

a.

b.

c.

d.

There are three basic strategies for achieving a competitive advantage. Which of the following is not one of them?

Seleccione una:

a.Response

b.Variety

c.Cost leadership

d.Differentiation

Productivity increases are not dependent on which of the following?

Seleccione una:

a.Marketing

b.Labor

c.Capital

d.Management

Which of the following is not a common tool for scheduling the tasks of a project?

Seleccione una:

a.CPM

b.PERT

c.Gantt chart

d.Work breakdown structure

Those with a vested interest in an organization, including customers, distributors, suppliers, owners, lenders, employees, and community members are known as:

Seleccione una:

a.Shareholders

b.Stakeholders

c.Employees

d.Owners

Which of the followingdefines the project by dividing it into its major subcomponents (or tasks), which are then subdivided into more detailed components, and finally into a set of activities and their related costs?

Seleccione una:

a.Work breakdown structure

b.Gantt chart

c.PERT

d.CPM

Which of the following forecasting techniques is based on expert opinion?

Seleccione una:

a.Exponential smoothing method

b.Moving average method

c.Econometric method

d.Delphi method

A project manager is not usually responsible for making sure of which of the following?

Seleccione una:

a.All necessary activities are finished in proper sequence and on time

b.The project comes in within budget

c.The people assigned to the project receive the motivation, direction, and information needed to do their jobs

d.All payments for suppliers are made correctly and on time

A restaurant decides to implement a change in its policy. During lunch hour, all meals are guaranteed to be served in 10 minutes or less, or it's free. This is an example of which type of strategy?

Seleccione una:

a.Variety

b.Response

c.Cost leadership

d.Differentiation

Which of the following is not generally considered an advantage of outsourcing

Seleccione una:

a.Greater control over quality

b.Maintaining a focus on core competencies

c.Access to outside technology

d.Cost savings

An activity in a network has the following characteristics: ES = 5, EF = 9 and LF = 12. LS = _____.

Seleccione una:

a.8

b.5

c.12

d.9

As time progresses in the last 50 years, the percentage of the workforce that is employed in the manufacturing sector:

Seleccione una:

a.Increases

b.Fluctuates (moves up and down periodically)

c.Decreases

d.Stays the same