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MBA Strategy & Operations Quiz

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0% found this document useful (0 votes)
32 views13 pages

MBA Strategy & Operations Quiz

Uploaded by

alijanabbas258
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as RTF, PDF, TXT or read online on Scribd
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1. Which of the following is true about business strategies?

a. An organization should stick with its strategy for the life of the business

b. all firms within an industry will adopt the same strategy.

c. Well defined missions make strategy development much easier.

d. Strategies are formulated independently of SWOT analysis.

e. Organizational strategies depend on operations

2.The fundamental purpose for the existence of any organization is described by its

a. policies

b. mission

c. procedures

d. strategy

e. tactics

3. Which of the following activities takes place once the mission has been developed?

a. The firm develops alternative or back-up missions in case the original mission fails.

b. The functional areas develop their functional area strategies.

c. The functional areas develop their supporting missions.

d. The ten OM decision areas are prioritized.

e. Operational tactics are developed

4. Which of the following statements about organizational missions is false?

a. They reflect a company's purpose.

b. They indicate what a company intends to contribute to society.

c. They are formulated after strategies are known.

d. They define a company's reason for existence.

e. They provide guidance for functional area missions

5. The impact of strategies on the general direction and basic character of a company is
a. short ranged

b. medium range

c. long range

d. temporal

e. minimal

6. The fundamental purpose of an organization's mission statement is to

a. create a good human relations climate in the organization

b. define the organization's purpose in society

c. define the operational structure of the organization

d. generate good public relations for the organization

e. define the functional areas required by the organization

7. Which of the following is true?

a. Corporate mission is shaped by functional strategies.

b. Corporate strategy is shaped by functional strategies.

c. Functional strategies are shaped by corporate strategy.

d. External conditions are shaped by corporate mission.

e. Corporate mission is shaped by functional strategies

8. According to the authors, which of the following strategic concepts allow firms to achieve their missions?

a. productivity, efficiency, and quality leadership

b. differentiation, cost leadership, and quick response

c. differentiation, quality leadership, and quick response

d. distinctive competency, cost leadership, and experience

e. differentiation, distinctive competency, quality, leadership, and capacity

9. A firm can effectively use its operations function to yield competitive advantage via all of the following except
a. customization of the product

b. set equipment utilization goals below the industry average

c. speed of delivery

d. constant innovation of new products

e. maintain a variety of product options

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Production And Operations Management

Page 1

Production and Operations Management

1. Which of the following is (are) important consideration(s) concerning activity times?

Activity time should be obtained from the person responsible for the completion of an activity

Activity time must be independent of any influence which the preceding or succeeding activity may have on it.

Activity time may assume that just the normal quantity of resources required to carry out the activity are available.

All of the above

2. Objective of Work Study is to improve ---------

Cycle time

Productivity
Production

All of the above

3. The following is not a major contributor in the development of Control Charts and Sampling plan

F H Dodge

H G Roming

Walter Schewhart

J M Juran

4. Organizational models are

multinational model

international model

global organizational model

All of the above

5. The ––––––––– is the defect level for which lots are regarded as bad lots.

Acceptable quality level

Consumer’s risk

Producer’s risk

Lot Tolerance Percentage Defective

6. What are the advantages of templates over diagrams?

Can be conveniently moved on the graph paper

Less laborious

Saves time

All of the above

7. Attack strategies are


Frontal attack

Flank attack

Encirclement attack

All of the above

8. Which of the following are assignable cause?

Large variations in hardness of material

Tool wear

Errors in setting

All of the above

9. Which of the following are activities of corrective maintenance?

Overhauling

Emergency repairs

Modifications and improvements

All of the above

10. Limitations of Traditional cost accounting are

Assumes factory as an isolated entity

It measures only the cost of producing

both (A) and (B)

none of the above

11. Which kind of defect can be called as minor defect?

Which does not reduce the usability of the product for its intended use

The cost of repairing the defect is less

Both (A) and (B)

None of the above


12. General Electric Matrix is divided into how many cells

16

25

13. What is the reason of excessive friction between parts?

Improper or lack of lubrication

Material of parts

both (A) and (B)

None of above

14. Capacity decisions have a direct influence on performance of production system in respect of –––––––––

Delivery performance

Quality control

Plant size

Manpower

15. Business is rated on which dimensions

Market attractiveness

Business strength

both (A) and (B)

none of the above

16. Which of the following policies is advisable in case of low product variety and large volumes?

Skilled labour, special purpose machines

Low skilled labour, general purpose machine

Low Skilled Labour, Special Purpose Machines

Any of the above

17. In an organization there may not be a formal PPC department if

Work is highly repetitive in nature


Planning activities are performed by the line staff

Number of workmen is not very large

All of the above

18. 'W' in SWOT stands for

What do you do well?

What could you improve?

What doors are open to you?

What threats could harm you

19. Which kind of labour force is required in case of Jobbing Production?

Highly Skilled

Semi skilled

Unskilled

Any of the above

20. Which of the following is not the characteristic of Project Production?

Continuous flow of material

Highly mechanised material handling

Virtually zero manufacturing cycle time

All of the above

21. Like roots of a tree, ––––––––– of organization is hidden from direct view.

goodwill

core competence

Higher management

Capital investment

22. Fixed position layout is adopted when

Products are of different variety

Product is very heavy involving assembly of large number of parts


Products are in large numbers

All of the above

23. Which of the following is not a type of specification?

Material specifications

Dimensional specifications

Manpower specification

Performance specifications

24. ––––––––– should have the ability to develop a vision to see patterns into the future.

Leaders

Workers

Management

None of the above

25. What is the location of lower control limit in the X bar-R control chart?

3 standard deviations below central line

2 standard deviations below central line

1 standard deviations below central line

Any of the above

26. Which of the following Principles of Management is not advocated by F W Taylor?

Selection of best worker for each particular task

Division of work between worker and management


Training and development of the workmen

Involvement of workers in strategy planning

27. Scale model used for layout analysis have following advantages

Nontechnical person finds it easy to comprehend

Overhead facilities can be shown

Models can be shifted easily

All of the above

28. Which are three different bases to establish an activity time?

Past experience

Judgement

Historical data

All of the above

29. Which photographic technique is used to record path of motions of the members of the body during method study?

Acrograph

Cyclograph

Cyclogram

Cycloscope

30. Control should involve ––––––––– amount of information.

Minimum

Sufficient
Maximum

Any of the above

31. The term ––––––––– implies the foregone profit due to inability of company to produce.

Opportunity cost

Marginal cost

Overhead cost

All of the above

32. OC curve of ideal sampling plan suggests that all lots less than 3% defectives have the probability of acceptance of
–––––––––.

0.25

0.5

0.75

33. Which of the following are the objectives of a good maintenance system?

A..Minimisation of wear and tear of machines

B..Ensuring maximum plant availability

Both (A) and (B)

None of the above

34. Inherent Safety' is one of the principle of good layout. In context of layout, this can be achieved by the following

Clear gangway

Location of material and material handling system

Both (A) and (B)


None of the above

35. In case of an OC curve, the risk of rejecting a good quality lot may vary between –––––––––.

0.01 to 5%

0.01 to 10%

0.01 to 15%

0.01 to 20%

36. How does 'structure' reduce external uncertainty arising out of human behaviour

Research and planning

Forecasting

both (A) and (B)

none of the abOVE

37. Inadequate production capacity ultimately leads to

Poor quality

Poor Customer Service

Poor inventory control

All of the above

38. What do you understand by the inspection conducted on all non reworkable jobs prior to their movement to the
scrap yard?

Final inspection

Endurance inspection

Functional inspection

Salvage inspection
39. A/An ––––––––– history card is the record of all repairs, replacements and engineering changes carried out in the
equipment during it's period of service.

Service

Equipment

Repair

None of the above

40. Which of the following are assignable cause?

Large variations in hardness of material

Tool wear

Errors in setting

All of the above

41. A strategy which aims to produce a perfect product which will suit everybody is called:

Marketing orientation.

Production orientation.

Product orientation.

Perfection orientation.

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