In: Operations Management
Q1. In an organization, something that keeps the firm from achieving its goals is referred to as a?
Blockade
Constraint
Wall
Barrier
Q2. Having __________ manufacturing flexibility is desirable.
Both increased and decreased
Decreased
Increased
Q3. A firm’s end product strategy should consider the following EXCEPT this:
Marketing plans
Product/service design
Suppliers used
Warranty/return services offered
Neither increased nor decreased
Q4. A country’s productivity rate has a significant impact on a country’s
Group of answer choices
Role in climate change
National competitiveness
Ethical labor practices
Mean wage rate
Ans 1) In an organization, something that keeps the firm from achieving its goals is referred to as a :- Barrier
Constraint in an organization deals with the motivation part of the employess that inhibits effectivenes. But barrier in an organization can be anything or everything that restricts the firm in achieving the organizational goal.
Ans 2) Having Both increased and decreased manufacturing flexibility is desirable.
For a manufacturing unit flexibility is very important. It should be ready to accept order of both high and low volumes recovering the break even and thus should have both increased increased and decreased manufacturing ability as desired.
Ans 3) A firm’s end product strategy should consider the following EXCEPT this: Product/service design
A product/service design comes at an very initial stage of product development and directly linked with the core benefit it's offering. Thus it can never be a part of a farm's end product strategy where mostly the farm deals with augmentation of product, distribution or marketing.
Ans 4) A country’s productivity rate has a significant impact on a country’s :- National competitiveness
National competitiveness is the ability of a country to grow strong economically, and compete with the international players in the field of capital, resource, technology etc. Productivity of the country is the key element behind it as it has a direct impact on the growth of the country industrially and technically thereby impacting the income levels also.