Mgt 301 Exam 2 Questions

In: Business and Management

Submitted By deshawntheman
Words 1415
Pages 6
16
Product waste is an example of waste in the sense that no value is added- true
In a JIT system, product inspection adds value by identifying defective items-false
A push system means providing the station with exactly what is needed when it is needed-false
Waste is anything that does not add value from the consumers prospective- True
Increasing inventory exposes variability in production processes-false
The 5’s do not include-safety
Manufacturing cycle time is best described as-time from raw material to finished product.
A common JIT layout tactic is to minimize distance-true
One goal of JIT partnerships is the removal of in plant inventory by delivery in small lots directly to the using as needed-true
JIT supplies have concerns that the JIT firms demands for a small lot size are simply a way of transforming holding costs from HIT firm to Supplies-true
Which of the following is true regarding the steps to reducing setup times? All the above
Which if the following statements is true about the Kanban system?-The customer workstation signals to supplier workstations when production is needed.
Employee empowerment is not needed at the Toyota plant-true
Kaizen- continuous improvement.
Jidoka-stop production when defect
Which of the following is not one of the principles at Toyota? Improvements with scientific method
JIT has internal focus while lean production begins with external focus on-Customers
Not an attributes to lean operations- Increase space required.
Services through out the world use-JIT,TPS and lean
Which is the following
Ohnos’s 7 wastes defects, over production, waiting, transporting, movement, inappropriate process, inventory

12
The objective of inventory management is to –strike a balance between inventory investment and customer service
Which if the following is not a type of inventory-mrp
Policies based on ABC analysis…...

Similar Documents

Mgt 557 Final Exam ( 30 Questions with Answers 100% Correct )

...MGT 557 Final Exam ( 30 Questions with Answers 100% Correct ) To Buy this Class Copy & paste below link in your Brower http://sourceofhomework.com/downloads/mgt-557-final-exam-30-questions-answers-100-correct/ Or Visit Our Website Visit : http://sourceofhomework.com Email Us : sourceofhomework@gmail.com Type: MGT 557 Final Exam MGT 557 Final Exam ( 30 Questions with Answers 100% Correct ) 1) To most people the words bargaining and negotiation are A. mutually exclusive B. interchangeable C. not related D. interdependent 2) Whereas distributive bargaining is often characterized by mistrust and suspicion, integrative negotiation is characterized by which of the following? A. Obligation and perseverance B. Avoidance and compromise C. Influence and persuasiveness D. Trust and openness E. Cognition and emotion 3) Distributive bargaining strategies A. are the most efficient negotiating strategies to use B. are used in all interdependent relationships C. are useful in maintaining long-term relationships D. can cause negotiators to ignore what the parties have in common 4) Good distributive bargainers will A. begin negotiations with the other party with an opening offer close to their own resistance point B. ensure that there is enough room in the bargaining range to make some concessions C. accept an offer that is presented as a fait accompli D. immediately identify the other party’s target poin 5) Which of the......

Words: 1681 - Pages: 7

Mgt 426 Week 2 Discussion Questions

...This work MGT 426 Week 2 Discussion Questions under the topic "High Performance Teams and Team Purpose" comprises answers on the following questions: 1. What is organizational culture? What is the relationship between shared vision and organizational culture? How does organizational culture affect an organization Communications - General Communications 1. In machine-assisted interpersonal communication, feedback is often limited to one channel, and is often difficult. A) True B) False 2. In both Internet-based and traditional mass communication, the source usually knows a great deal about the receiver. A) True B) False 3. Over time, mass communication has become less and less segmented. A) True B) False 4. Mass media can transmit values by enforcing social norms. A) True B) False 5. One key assumption of the functional approach to mass communication is that media use is driven by needs. A) True B) False 6. The arrival of writing was a great equalizer in society because information and knowledge were widely transmitted. A) True B) False 7. The first mass medium bringing music, news, talk, and sports into people's homes was radio. A) True B) False 8. The news value known as proximity reflects the fact that we value events that happen to important people. A) True B) False 9. Because TV is better at transmitting experience or impressions, it is......

Words: 352 - Pages: 2

Mgt 330 Week 3 Discussion Questions 2

...This work comprises IT 220 Week 7 Exercise Web Design Standards Deadline: ( ), Computer Science - General Computer Science Group Project: MiniQuest Database Objective | Overview | Case Project Overview | Needed Reports | Sample Data | Some Known Assumptions | What Your Team will be Required to Do | Task 1 (Due at the end of Week 3) | Task 2 (Due at the end of Week 4) | Task 3 (Due at the end of Week 5) | Task 4 (Due at the end of Week 6) | Task 5 (Due at the end of Week 7) | Submission of Tasks | Team Member Responsibilities | Assessment | Grading Rubrics Objective The project for CIS336 is designed to touch all aspects of the fundamental concepts of database design and logical data modeling covered during the class. The project is team centered and each team will be responsible for designing, developing, and demonstrating the functionality of a database created based on a defined set of business specifications. At the end of the session, each project team will submit the database designed by the team and demonstrate the database's ability to deliver the required information as outlined in the project specifications. All aspects of the project will be covered first during the week or weeks prior to a deliverable, and each task deliverable in the project will be supported through the exercises and labs done in the course. Overview The first thing you need to do is read...

Words: 368 - Pages: 2

Mgt 437 Week 4 Discussion Questions 2

...In the file MGT 437 Week 4 Discussion Questions 2 you can find right answers of the following task: "Based on your readings and the discussions this week, please share with the class: what specific concept/topic/idea you would teach someone about what you learned in the course this week?" Business - Management Week One: Project Definition   Details Due Points Objectives 1.1  Determine the importance of project management in the current business environment. 1.2  Determine the goals and purpose of a project in terms of the triple constraints. 1.3  Determine the stakeholders of the project. 1.4  Develop project scope. 1.5  Analyze the relationships among organizational culture, project structure, and project resources. Readings Read Ch. 1, 11, 16 of Project Management: A Systems Approach to Planning, Scheduling, and Controlling . Read Ch. 2 of Project Management: A Managerial Approach. Read the Week One Read Me First. Read this week’s Electronic Reserve Readings. Participation Participate in class discussion. All Week 1 Discussion Questions Respond to weekly discussion questions. DQ – 1 DQ – 2 DQ – 3 Day 2 Day 4 Day 6 3 Individual Project Management Paper Write a 1,050- to......

Words: 313 - Pages: 2

Mgt 538 Final Exam Questions

...MGT 538 Final Exam www.StudentWhiz.com 1) Experts suggest that firms that want to globalize through e-commerce must first localize, which means that firms need to A.use local suppliers, vendors, and distributors to manufacture products for the local market B.modify their products and services to meet the needs and interests of local cultures C.sell their products in a brick-and-mortar store before selling them through an e-market D.test their products and services in local markets before selling them over the Internet 2) Which of the following behaviors is inconsistent with Casse's profile of successful American negotiators? A.Refusing to make concessions in advance B.Exhibiting a good sense of timing C.Being quiet and not arguing D.Understanding the issues Click here to Download MGT 538 Final Exam 3) Dell most likely offshores product support service jobs to India because of the A.superior technical knowledge of Indian workers B.extensive call center experience of Indian workers C.lower payroll costs associated with Indian workers D.customer preference for interacting with Indian workers 4) In the context of doing business in Asia, what is meant by the phrase "the contract is in the relationship, not on the paper"? A.Asian contracts are not legally binding for MNCs. B.Contracts are ceremoniously destroyed after they are written....

Words: 1796 - Pages: 8

Mgt 557 Final Exam ( 30 Questions with Answers 100% Correct )

...MGT 557 Final Exam ( 30 Questions with Answers 100% Correct ) Follow Link Below To Get Tutorial https://homeworklance.com/downloads/mgt-557-final-exam-30-questions-answers-100-correct/ Description: 1) To most people the words bargaining and negotiation are A. mutually exclusive B. interchangeable C. not related D. interdependent 2) Whereas distributive bargaining is often characterized by mistrust and suspicion, integrative negotiation is characterized by which of the following? A. Obligation and perseverance B. Avoidance and compromise C. Influence and persuasiveness D. Trust and openness E. Cognition and emotion 3) Distributive bargaining strategies A. are the most efficient negotiating strategies to use B. are used in all interdependent relationships C. are useful in maintaining long-term relationships D. can cause negotiators to ignore what the parties have in common 4) Good distributive bargainers will A. begin negotiations with the other party with an opening offer close to their own resistance point B. ensure that there is enough room in the bargaining range to make some concessions C. accept an offer that is presented as a fait accompli D. immediately identify the other party’s target poin 5) Which of the following processes is central to achieving almost all integrative agreements? A. Moderating the free flow of information to ensure that each party’s position is accurately stated B. Exchanging......

Words: 6581 - Pages: 27

Mgt 557 Final Exam ( 30 Questions with Answers 100% Correct )

...MGT 557 Final Exam ( 30 Questions with Answers 100% Correct ) https://hwguiders.com/downloads/mgt-557-final-exam-30-questions-answers-100-correct/ 1) To most people the words bargaining and negotiation are A. mutually exclusive B. interchangeable C. not related D. interdependent 2) Whereas distributive bargaining is often characterized by mistrust and suspicion, integrative negotiation is characterized by which of the following? A. Obligation and perseverance B. Avoidance and compromise C. Influence and persuasiveness D. Trust and openness E. Cognition and emotion 3) Distributive bargaining strategies A. are the most efficient negotiating strategies to use B. are used in all interdependent relationships C. are useful in maintaining long-term relationships D. can cause negotiators to ignore what the parties have in common 4) Good distributive bargainers will A. begin negotiations with the other party with an opening offer close to their own resistance point B. ensure that there is enough room in the bargaining range to make some concessions C. accept an offer that is presented as a fait accompli D. immediately identify the other party’s target poin 5) Which of the following processes is central to achieving almost all integrative agreements? A. Moderating the free flow of information to ensure that each party’s position is accurately stated B. Exchanging information about each party’s position on key......

Words: 22988 - Pages: 92

Mgt 521 Final Exam Latest Question Answers

...________ is defined as a business firm’s intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society. • Social screening • Social responsibility • Social obligation • Values-based management 2. The balanced scorecard measures organizational performance against previously established standards. Which of the four functions of management relates most closely to setting these standards? • Controlling • Leading • Organizing • Planning Find the final exam answers here MGT 521 Final Exam 3. Budgets can be used as tools within which two functions of management? • Controlling and organizing • Planning and leading • Controlling and planning • Organizing and leading 4. Indira Patel has been working in her organization’s computer security department for the past 10 years. If another employee follows Indira’s recommendations in a given situation, based on her expertise in computer security, which source of power is Indira using? • Legitimate power • Coercive power • Expert power • Referent power Want to download the Complete Assignment..?? Click MGT 521 Final Exam Answers 5. If Carol Reece is a charismatic leader, which of the following characteristics is she most likely to possess? • An external locus of control • A sensitivity to environmental constraints and follower needs • A strong need to be in control ...

Words: 1851 - Pages: 8

Mgt 557 Final Exam ( 30 Questions with Answers 100% Correct )

...MGT 557 Final Exam ( 30 Questions with Answers 100% Correct ) Follow Link Below To Get Tutorial https://homeworklance.com/downloads/mgt-557-final-exam-30-questions-answers-100-correct/ Description: 1) To most people the words bargaining and negotiation are A. mutually exclusive B. interchangeable C. not related D. interdependent 2) Whereas distributive bargaining is often characterized by mistrust and suspicion, integrative negotiation is characterized by which of the following? A. Obligation and perseverance B. Avoidance and compromise C. Influence and persuasiveness D. Trust and openness E. Cognition and emotion 3) Distributive bargaining strategies A. are the most efficient negotiating strategies to use B. are used in all interdependent relationships C. are useful in maintaining long-term relationships D. can cause negotiators to ignore what the parties have in common 4) Good distributive bargainers will A. begin negotiations with the other party with an opening offer close to their own resistance point B. ensure that there is enough room in the bargaining range to make some concessions C. accept an offer that is presented as a fait accompli D. immediately identify the other party’s target poin 5) Which of the following processes is central to achieving almost all integrative agreements? A. Moderating the free flow of information to ensure that each party’s position is accurately stated B. Exchanging......

Words: 6581 - Pages: 27

Mgt 530 Final Exam Answers-All Possible Questions

...MGT 530 Final Exam Answers-All possible Questions https://hwguiders.com/downloads/mgt-530-final-exam-answers-possible-questions MGT 530 Final Exam Answers-All possible Questions 1) In a survey of 50 associations, which of the going hand in hand with was assessed as leverage of key organization? 2) Research suggests that fundamental organization propels through four continuous stages in associations. The principle stage is 3) Strategic organization is that arranged of managerial decisions and exercises that center the long-run execution of an association. Which one of the going hand in hand with is NOT one of the essential segments of the key organization process? 4) The relationship among the top administrative staff, top organization, and shareholders is insinuated as 5) The thought that proposes private organizations have commitments to society that open up past making an advantage is known as 6) Who said that the social commitment of business is a “for the most part subversive regulation” and that the one social commitment of business is “to use its advantages and attract as a piece of activities proposed to grow its advantages so long as it stays with the models of the game…”? 7) Which of the going with is NOT explaining of outside common sifting? 8) According to Porter, the organization is most concerned with 9) When an association chooses a competency’s high ground, Barney insinuates this issue as 10) An acronym for the......

Words: 680 - Pages: 3

Mgt 530 Final Exam Possible Questions

...MGT 530 Final Exam Possible Questions http://www.homeworkwarehouse.com/downloads/mgt-530-final-exam-possible-questions/ MGT 530 Final Exam Possible Questions Question 1) In a survey of 50 associations, which of the going hand in hand with was assessed as leverage of key organization? Question 2) Research suggests that fundamental organization propels through four continuous stages in associations. The principle stage is: Question 3) Strategic organization is that arranged of managerial decisions and exercises that center the long-run execution of an association. Which one of the going hand in hand with is NOT one of the essential segments of the key organization process? Question 4) The relationship among the top administrative staff, top organization, and shareholders is insinuated as? Question 5) The thought that proposes private organizations have commitments to society that open up past making an advantage is known as? Question 6) Who said that the social commitment of business is a “for the most part subversive regulation” and that the one social commitment of business is “to use its advantages and attract as a piece of activities proposed to grow its advantages so long as it stays with the models of the game…”? Question 7) Which of the going with is NOT explaining of outside common sifting? Question 8) According to Porter, the organization is most concerned with? Question 9) When an association chooses a competency’s high ground, Barney insinuates this......

Words: 707 - Pages: 3

Mgt 530 Final Exam Answers-All Possible Questions

...MGT 530 Final Exam Answers-All possible Questions https://hwguiders.com/downloads/mgt-530-final-exam-answers-possible-questions MGT 530 Final Exam Answers-All possible Questions 1) In a survey of 50 associations, which of the going hand in hand with was assessed as leverage of key organization? 2) Research suggests that fundamental organization propels through four continuous stages in associations. The principle stage is 3) Strategic organization is that arranged of managerial decisions and exercises that center the long-run execution of an association. Which one of the going hand in hand with is NOT one of the essential segments of the key organization process? 4) The relationship among the top administrative staff, top organization, and shareholders is insinuated as 5) The thought that proposes private organizations have commitments to society that open up past making an advantage is known as 6) Who said that the social commitment of business is a “for the most part subversive regulation” and that the one social commitment of business is “to use its advantages and attract as a piece of activities proposed to grow its advantages so long as it stays with the models of the game…”? 7) Which of the going with is NOT explaining of outside common sifting? 8) According to Porter, the organization is most concerned with 9) When an association chooses a competency’s high ground, Barney insinuates this issue as 10) An acronym for the......

Words: 680 - Pages: 3

Mgt Final Exam Question

...1) _______________ involves analyzing a situation, determining goals to be pursued, and deciding upon the actions that will be taken to achieve these goals. | |[pic]A. [pic] Planning | | |[pic]B. [pic] Organizing | | |[pic]C. [pic] Leading | | |[pic]D. [pic] Staffing | | | | 2) The four traditional functions of management include planning, organizing, leading, and service. | |[pic]A. [pic] False | | |[pic]B. [pic] True | | | | 3) Building a dynamic organization is another way of describing which function of management? | |[pic]A. [pic] Controlling | | |[pic]B. [pic] Leading | | |[pic]C. [pic] Organizing | | |[pic]D. [pic] Planning | | | | 4) The macroenvironment includes all of the following EXCEPT: | |[pic]A. [pic] International developments | | |[pic]B. [pic] Government policies | | |[pic]C. [pic] New entrants | | |[pic]D. [pic] Technology | | | | 5) Robert was recently hired as the workplace safety compliance officer at ABC Power Company. Robert will have the responsibility to monitor regulations from which of these government agencies? | |[pic]A. [pic] National Labor Relations Board | |......

Words: 2490 - Pages: 10

Mgt 498 Final Exam Questions and Answers

...MGT 498 Final Exam Latest 1. According to Porter, the corporation is most concerned with • the aggregate level of demand for a product line • the amount of pressure from the societal environment • the intensity of competition within its industry • a market's position on its life cycle 2. Which strategy specifies the firm's overall direction in terms of its general orientation toward growth, the industries or markets in which it competes, and the manner in which it coordinates activities and transfers resources among business units? • Corporate • Divisional • Functional • Organizational 3. Which is the MOST commonly used measure of corporate performance (in terms of profit)? • ROE • ROI • EPS • DPS 4. When a company determines a competency's competitive advantage, Barney refers to this issue as • value • rareness • imitability • organization Final Exam Answers just a click away MGT 498 Final Exam 5. If performance data and activity reports indicate undesirable performance as a result of inappropriate use of the strategic management process, operational managers must • change the strategic management model. • know about it so that they can correct the employee activity. • allow sufficient time to pass to verify if it is the process or just the usage that is the problem. • immediately notify the board of directors. 6. In the development of a SFAS matrix, the first step is to • calculate the weighted scores • indicate short-term for the......

Words: 1212 - Pages: 5

Mgm 301 Exam 2

...dollars • Stage 1: New-Product Strategy Development o Defines the role for a new product in terms of the firm’s overall objectives • Stage 2: Idea Generation Develops a pool of concepts as candidates for new products, building upon the previous stage’s results • Stage 3: Screening and Evaluation o Firms use concept tests, external evaluations with consumers that consist of preliminary testing of a new-product idea rather than an actual product • Stage 5: Development o The stage of the new-product process that turns the idea on paper into a prototype • Stage 6: Market Testing • Test marketing—involves offering a product for sale on a limited basis in a defined area Done to ****1. Amazon.com uses its customer billing records to send out personalized emails to customers suggesting products for purchase. In Amazon's marketing information system, which MIS classification is represented by this use of the billing records? A) internal primary data B) internal secondary data C) external primary data D) external internal data E) external secondary data ****3. Richard wants to survey UB students to see if they feel their tuition is being spent well. He decides one day to go around campus and conduct face-to-face "intercept" interviews with students at 4 major locations across the north campus during a 2 hour period one Tuesday morning. He interviews 50 students at each location, males and females equally. Richard reads from a script when......

Words: 1432 - Pages: 6