BUS 211 Week 4 Quiz

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BUS 211 Week 4 Quiz
Your answers : 31/31 (100%)
 
· Correct answerquestion1
Which of the following costs is associated with a firm’s operations and materials management function?
o    
The cost of work-in-process goods, semifinished products moving through the production process
o    
The cost of the machinery, computers, tools, buildings, and equipment
o    
The stock value of finished products a company holds in inventory
o    
The cost of employee wages, including benefits
· Correct answerquestion2
In the 1990’s, the Windows operating system, created by Microsoft, was installed in 90% of the world’s PCs. This kind of penetration in the personal computer business made Windows the
o    
best-of-breed solution
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industry standard
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leader in the networking software
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world’s largest software system
· Correct answerquestion3
Which best describes B2B commerce?
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Trade that takes place between companies
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Commerce between wholesalers and retailers
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Trade that is transacted electronically
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Same industry commerce
· Correct answerquestion4
Which of the following describes managers’ ability to use the collection and analysis of data to gain information about various tasks and operations to increase the efficiency of a particular function?
o    
Superior information
o    
Superior quality
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Superior productivity
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Superior innovation
· Correct answerquestion5
Which of the following is a form of information that is constantly updated to make sure that decisions can be as up-to-date as possible?
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Reliable
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Relevant
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Complete
o    
Real-time
· Correct answerquestion6
Of the three stages in operation and materials management, which stage comes first?
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Input
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Production
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Output
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Operations
· Correct answerquestion7
According to Jones (2007), the semi-finished goods and services that go through a company’s production process are called
o    
conversion
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inputs
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distribution
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work-in-process
· Correct answerquestion8
Which of the following is a key benefit of mass production operating systems?
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Unique one-of-a-kind products
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Flexible employees and work teams
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A wide range of customized products
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Lower operating costs
· Correct answerquestion9
Information technology improves customer responsiveness by
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giving middle managers the ability to collect and process more data
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tracking changes to products and systems
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allowing the organization to identify issues in products or process
o    
tracking people’s likes, dislikes, and buying habits
· Correct answerquestion10
Which component of the HRM system provides employees with information about their performance relative to job expectations?
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Labor relations
o    
Performance appraisal and feedback
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Training and development
o    
Recruitment and selection
· Correct answerquestion11
Which is the process that aims at identifying company inefficiencies and then determines where improvements are needed?
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Job analysis
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Workflow analysis
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Job specifications
o    
Human resource planning
· Correct answerquestion12
The aim of this process is to align human resources recruitment and retention with future organizational goals. 
o    
Job specification
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Job screening
o    
Human resource planning
o    
Job analysis
· Correct answerquestion13
Which of the following best describes information learned from a Position Analysis Questionnaire (PAQ)?
o    
occupational safety and health concerns at work
o    
the different types of employees’ job activities
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pool of potential applicants for each position
o    
specific sales strategies and daily targets
· Correct answerquestion14
Which of the following is one of the four major sources of competitive advantages provided by information technology?
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Rapid development
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Artificial intelligence
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Superior innovation
o    
Cutting edge communication
· Correct answerquestion15
Which component of the HRM system strives to ensure equity and fairness in dealing with employee issues and concerns?
o    
Pay and benefits
o    
Recruitment and selection
o    
Labor relations
o    
Performance appraisal and feedback
· Correct answerquestion16
Which component of the HRM system provides employees with the knowledge and skills necessary to perform their job?
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Performance appraisal and feedback
o    
Recruitment and selection
o    
Training and development
o    
Labor relations
· Correct answerquestion17
Which of the following is the correct order of the operations and material management process?
o    
Output, operations, and input
o    
Operations, input, and output
o    
Input, operations, and output
o    
Operations, output, and input
· Correct answerquestion18
One major result of organizational learning is
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increased work load
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increased expenses
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increased profitability
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increased information
· Correct answerquestion19
Some examples of elements in the operations stage of the operations and material management process include
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goods and services
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skills and machines
o    
raw materials and components
o    
labor and customers
· Correct answerquestion20
For what purpose do businesses consider establishing maquiladoras?
o    
Reduce inventory costs.
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Reduce distribution costs.
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Reduce raw materials costs.
o    
Reduce labor costs.
· Correct answerquestion21
According to Jones (2007), what attributes should information provided to managers have to be useful to the organization?
o    
Complete, accurate, relevant, and timely
o    
Clear, quality, engaging, and responsive
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Complete, efficient, effective, relevant
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Superior, relevant, timely, and innovative
· Correct answerquestion22
The operating system that combines both the benefits of customized products and low cost production is called 
o    
mass production
o    
small-batch production
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standardized production
o    
flexible production
· Correct answerquestion23
What is the major advantage of broadband technology?
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Quick transmission of very large amounts of information
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Transfer of data between networks over the Internet
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Connection of databases of different institutions
o    
Creation of an area network that links PCs to a central server
· Correct answerquestion24
Which of the following is software developed for business within the same industry to conduct trading?
o    
Open source exchange
o    
Business exchange center
o    
Networking protocol
o    
B2B marketplace
· Correct answerquestion25
In the history of modern computers, which of the following came first?
o    
Mainframe computers
o    
Microprocessors
o    
PCs
o    
The World Wide Web
· Correct answerquestion26
According to Jones (2007), which type of operating system is designed to make unique or custom-made products?
o    
Materials management production
o    
Mass production
o    
Flexible production
o    
Small-batch production
· Correct answerquestion27
Which best describes e-commerce?
o    
Systems used for exchange
o    
Same industry commerce
o    
Commerce between wholesalers and retailers
o    
Trade that is transacted electronically
· Correct answerquestion28
Which of the following best explains how information technology improves innovation in a company?
o    
Allowing the organization to identify new audiences for an existing product
o    
Tracking changes in financing related to product development
o    
Giving customers ability to purchase products more easily
o    
Providing up-to-date information on changes to products and systems
· Correct answerquestion29
Which of the following best describes the result of information overload?
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Data is missing which makes information difficult to understand.
o    
Large amounts of real-time data make it difficult to collect.
o    
Vast amounts of information make it difficult to determine what is useful.
o    
Excess data causes systems to fail.
· Correct answerquestion30
The combination of which two factors gives people the ability to better react to the economic environment in which they function?
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Facts and numbers
o    
Knowledge and learning
o    
Data and technology
o    
Hardware and software
· Correct answerquestion31
According to Jones (2007), the hardware and software components of a company’s existing IT systems are called its
o    
legacy systems
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network computers
o    
microprocessors
o    
mainframes
 
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