Operations Management

What is the most likely reason that many companies have relocated their production facilities to South East Asia? 

• To access raw materials

• Better weather

• Lower labour costs

• Lower distribution costs

What management style may improve communication between departments? 

• Autocratic management

• Democratic management

• Paternalistic management

• Reactionary management

What are the three areas of sustainability? 

What is social sustainability?

• Meeting the needs of current and future stakeholders. 

• Maintaining a class system.

• Ensuring the survival of a corporate culture. 

• Allocating resources to their most efficient use.

A firm fixes large solar panels to the roof of its factory. In the long run, this reduces its overall costs. What is this an example of? 

• Ecological and social sustainability.

• Social and economic sustainability

• Ecological and economic sustainability

• All three types of sustainability. 

Which of the following is an example of an external economy of scale?

• Shared infrastructure

• Marketing economies

• Economies of large dimensions

• Purchasing economies

A large manufacturer is considering relocating its factory. Skilled labour is not needed as part of the production process. Which factors are most important when deciding on a new site? 

What can be defined as paying external companies to carry out what may traditionally have been seen as internal business functions?

• Insourcing

• Outsourcing/subcontracting

• Offshoring

• Inshoring

A French company moves its factory to Thailand. What is this an example of? 

• Subcontracting

• Outsourcing

• Insourcing

• Offshoring

After a series of complaints about food quality, a school decides to end its contract with a local supplier. Rather than find a new supplier, the school decides to employ a new team of chefs directly to cook the meals. What is this an example of?

• Insourcing

• Outsourcing

• Subcontracting

• Offshoring