Explain expanding company''s manufacturing operation

Assignment Help Operation Management
Reference no: EM13723109

1) Bill Simmons is the manager of a small restaurant and must decide how much money he owes his suppliers. The best way for Bill to approach this as a critical thinker is to
A. collect and analyze the evidence

B. identify opportunities and obstacles

C. understand different perspectives on the issue

D. weigh the consequences of this decision

2) Critical thinking is very important in making decisions that impact an organization's growth and survival. Which of the following traits of a critical thinker is essential in this process?
A. Intellectual integrity

B. Intellectual empathy

C. Intellectual perseverance

D. Intellectual courage

3) When faced with a decision opportunity, a critical thinker must sort through a variety of readily apparent symptoms in order to focus on important considerations that may be hidden. Based on the decision steps model, when framing a problem a helpful step is to
A. Determine root causes

B. Measure the decision

C. Frame alternatives

D. Evaluate effects of the problem

4) In the stages of development of critical thinking, which of the following types of thinking entails exploring the foundation of our thinking and discover how we have come to think and believe we do?
A. Beginning thinker

B. Practical thinker

C. Advanced thinker

D. Master thinker

5) One way for a leader to develop alternative perspectives for decision making is to:
A. increase the use of the logical thinking style

B. increase the homogeneity of his or her team

C. assign the role of devil's advocate for meetings

D. apply past decision successes to current decision opportunities

6) The outcome of the process of framing the problem includes:
A. a list of potential alternative courses of action

B. a list of criteria, goals, and objectives for a decision

C. a timeline for decision implementation

D. an assessment of resources needed to execute a decision

7) A form of critical thinking is fair-minded, persuasive thinking. When engaging in problem formulation and identification with a group, the fair minded persuader would:
A. communicate only that information which supports the desired decision

B. avoid all affective appeals

C. emphasizes affective appeals over data and reason

D. acknowledges the difficulty that his or her position creates for the audience

8) Of the decision styles listed below, which one should be used for a non-urgent, yet critical and unusual problem affecting multiple stakeholders?
A. Autocratic

B. Participative

C. Democratic

D. Programmed decision making

9) Urgent crisis conditions might call for a decision making style that is
A. democratic

B. consensus

C. autocratic

D. collaborative

10) A manager may properly choose to ignore a problem
A. when the costs of doing nothing are less than the cost of addressing the problem

B. because of a bias against change

C. when the problem is surfaced through a positive trigger point

D. when a Pareto chart has properly clarified the causes of a problem

11) ____________ is based on the concept that 80% of a project's goal can be achieved by doing 20% of the work or that 80% of the problems are due to 20% of causes.
A. Plus/Minus Implications (PMI)

B. Force Field Analysis

C. Criteria Matrix

D. Pareto Analysis

12) For urgent decisions, which approach may be the most efficient and effective use of the manager's time when there are other critical competing priorities?
A. Satisficing

B. Optimizing

C. Experimenting

D. Brainstorming and multivoting with a team

13) Upon review of the customer comment cards dropped in the box in his convenience store, Bob sees that 61% of the customers filling out a card have expressed dissatisfaction with waiting times. Bob decides to add an additional cashier during the day. Bob is using the ______ thinking style in order to make this decision.
A. deductive logical
B. creative

C. metaphorical

D. inductive logical

14) In nearly all decision-making models, which of the following is an essential step in the decision-making process?
A. Identify alternatives

B. Analyzing negative feedback
C. Appraising the problem

D. Making trade-offs

15) You have been assigned to a project team to develop a marketing plan a new product being launched by your company. Which of the following should the project team do first?
A. Identify the obstacles presented by competitors.

B. Define the project team's goal.

C. Consult with the rest of the employees involved in the new product development.

D. Deliberate about the project team's commitment.

16) Jan has been selected to implement her company's decision to expand her company's manufacturing operation into a new location. Six months into this project, the building has been completed, and machinery installed. However, Jan has been unable to secure enough applicants with the technical skills needed to operate this computerized facility. Jan's implementation plan was most deficient in its consideration of
A. timeline

B. technological constraints

C. organizational mission

D. resource

17) In response to declining profits, a company decides that it needs to become world class, but is having difficulty developing an implementation plan around the goal of "becoming world class." Rather than implement this decision, the company would be well advised to return to the ______ step of decision making.
A. develop criteria, goals, and objectives

B. frame alternatives

C. determine measurements

D. evaluate the decision

18) Which factor would be most critical in decision implementation?
A. Contingency plan

B. Communication

C. Ethical considerations

D. Resources to implement decision

19) Freda is analyzing the prospects for a new gambling casino that her company is considering. In the course of her analysis, Freda has identified potential stakeholder resistance to this venture, in that she has discovered that the area is very densely populated with houses of worship. She has also discovered a potential source of support for this venture, in that the local government has established tax credits for new businesses in an effort to stimulate employment. Freda is, in all likelihood, developing a
A. resource allocation survey

B. Force Field Analysis

C. financial proforma income statement

D. ROI analysis

20) When implementing a decision, a company must ensure that its actions remain consistent with its
A. current resource allocations

B. organizational mission

C. past practices and procedures

D. employee's preferences

21) Which decision making tool would be used in identifying possible causes for a problem?
A. Brainstorming

B. Multivoting

C. Fishbone diagram

D. Ranking

22) Markus worked last summer as a receptionist in a lawyer's office. During a discussion with you, he commented that he was asked to tell callers that the lawyer was in court when in fact the lawyer was playing golf! He eventually quit the job because he believes that under no circumstance is it permissible to tell a lie. Markus appears to be following the ethical system referred to as a
A. rule or deontological ethics

B. Practical deliberation

C. Virtue ethics

D. utilitarianism

23) A company applying a ______ view of ethics would probably find fewer impediments to decisions involving cross cultural factors than one applying a ______ view.
A. universalist, relativist

B. relativist, universalist

C. deontological, rule based

D. virtue, utilitarian

24) In a global economy, which of the following must a manager consider in ensuring the ethicality of his or her decision?
A. Cross-cultural issues

B. Conflicting legal issues

C. Justification for outsourcing
D. Profitability

25) A tool that is helpful in monitoring, evaluating, and changing a decision as needed during implementation is the
A. stakeholder summary analysis

B. Plan, do, check, act (PDCA) cycle

C. contingency plan effectiveness audit

D. financial effectiveness audit

26) A measurement that identifies the degree to which goals and objectives are attained is a measure of:
A. organizational effectiveness

B. organizational precision

C. organizational efficiency

D. organizational stability

27) In order to apply continuous improvement in decision making, a company should take the time to record not only the results of its decisions, but also the
A. impact to external stakeholders

B. financial results

C. customer satisfaction data

D. process through which the decision was made

28) A company has decided to fund a summer basketball league for young people in the community. The decision will result in increased expenditures with no increase in revenues or profits. In evaluating this decision outcome, the officers of the company must weigh both its ______ responsibility and its ______ responsibility, two components of corporate social responsibility.
A. economic, legal

B. economic, philanthropic

C. economic, fiduciary

D. legal, ethical

29) As noted in our texts, a key measurement of our decisions is: "Are they ethical?" In order to achieve a superior level of ethical behavior in its decision making processes, leaders should instill a(n) ______ in those charged with making decisions.
A. compliance based approach to ethical considerations

B. integrity based approach to ethical considerations

C. legal approach to ethical considerations

D. utilitarian approach to ethical considerations

30) When evaluating the decision processes in an organization, leaders should consider doing which of the following?
A. Make a list of those affected by the decision, and determine if those interests are represented in the process under consideration.
B. Make sure to focus on results of the decision rather than the process.

C. Ensure that the process is consistent for all significant decisions.

D. Ensure that all of a company's stakeholders provide input all of a company's decisions.

Reference no: EM13723109

Questions Cloud

Describe various quality tools and techniques : Describe various quality tools and techniques used in operations management. Provide examples.
Define which type of control works best : Which type of control works best when there is "no one best way" to do a job and employees are empowered to make decisions
Retirement account has a fixed rate : Your retirement account has a fixed rate of 8% per year paid yearly. You start saving for retirement at age 30 with a target retirement age of 65 and $0 in your savings account. Set up and solve a suitable first order differential equation to answer ..
Play the role of genetic counselor : You'll play the role of genetic counselor. A couple with a family history of Duchenne muscular dystrophy has come to you to determine the chances of passing on the disease. Read the Family History and construct a pedigree to analyze the inherit..
Explain expanding company''s manufacturing operation : Jan has been selected to implement her company's decision to expand her company's manufacturing operation into a new location. Six months into this project, the building has been completed, and machinery installed. However, Jan has been unable to ..
Write essay on concept of virtue or good ethical character : Write an essay comparing these two (2) ancient thinkers on the concept of virtue or good ethical character and conduct. Stay focused on the issue; keep any biographical or other information short or limited.
Calculate the net ROI and EVA : The Modern Language Corporation earned $3.5 million on net assets of $39 million. The cost of capital is 13.75%. Calculate the net ROI and EVA.
Linda maternal grandfather : John has thalassemia major. Both of John's parents have normal red blood cells. John also has a brother and a sister, but neither have been tested for the thalassemia trait. John's wife, Linda, has normal red blood cells. Both of Linda's paren..
The interest rate on one year treasury bonds : The interest rate on one year treasury bonds is 1%. the rate on 2 year t-bonds is .9%. the rate on 3 year t-bonds is 1.1%. Using the expectations theory compute the expected one year interest rate in the second year and the third year.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd