Multiple sources such as suppliers-customers-competitors

Assignment Help Operation Management
Reference no: EM131674274

1. Business intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making.

True False

2. The sales department needs to rely on information from operations to understand _________.

A. inventory

B. customer orders

C. demand forecasts

D. All of these are correct.

3. What are tasks performed by people that customers will buy to satisfy a want or need?

A. goods

B. services

C. production

D. productivity

4. One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow’s success while competing to win in today’s business environment.

True False

5. Metrics are measurements that evaluate results to determine whether a project is meeting its goals.

True False

6. Effectiveness MIS metrics include throughput, transaction speed, and system availability.

True False

7. What are measurements that evaluate results to determine whether a project is meeting its goals?

A. ROI

B. metrics

C. best practices

D. KPI

8. What type of metrics measure throughput, transaction speed, and system availability?

A. efficiency MIS metrics

B. effectiveness MIS metrics

C. ROI

D. benchmarks

9. Which term is used to describe the ease with which people perform transactions and/or find information?

A. usability

B. customer satisfaction

C. financial

D. conversion rates

10. A disruptive technology is a new way of doing things that initially does not meet the needs of existing customers.

True False

Reference no: EM131674274

Questions Cloud

Enthusiastic employee participation : Imagine that your company succeeds in building enthusiastic employee participation in the task of monitoring plausible calamities
Identify the environmental impacts associated with mis : Identify the environmental impacts associated with MIS.
Production process consists of a three-step operation : A production process consists of a three-step operation. The scrap rate is 16 percent for the first step and 10 percent for the other two steps.
What is enterprise resource planning : What is enterprise resource planning (ERP)? What is customer relationship management (CRM)? What is a supply chain planning system?
Multiple sources such as suppliers-customers-competitors : Business intelligence is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries
What is currently your favorite social media platform : What is currently your favorite social media platform and why?
Pharmacies improved untoward events in patient care : How has prescribing and automation in pharmacies improved untoward events in patient care?
Otherwise highly disciplined fighting force : What do you believe were the proximate causes of such brutality from an otherwise highly disciplined fighting force?
Reduce this type of unethical leadership in the future : What can be done to reduce this type of unethical leadership in the future?

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