Business Studies – Sample Short Answer Quiz
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Business Studies – Sample Short Answer Quiz
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Question 1 of 9
1. Question
1 point(s)Refer to the following questions:
(A) Identify ONE TRANSFORMED and ONE transforming resource used in the production of a cup of coffee
Transformed:
Transforming:
(B) Explain how technology could influence the operations of a business
(C) Explain why corporate social responsibility is a key concern of operations management
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.Hint
(A)Transformed resources – materials, information, customers
Transforming resources – human resources, facilities
(B)Technology is the design, construction and /or application of innovative devices, methods and machinery upon the operations process. Technology enables the transformation process to be more effective and efficient. Technology includes office technology such as computers, modems etc. which improve the efficiency of labour, allowing more output during the working day and manufacturing technology such as robotics, Computer aided design (CAD) and Computer aided Manufacturing (CAM) which can improve quality of inputs throughputs and outputs and lower long run costs per unit. Technology can be both leading edge which is most recently developed and established which has existed for some time. Both will aid in efficiency and quality production which leads to increased sales and profits
(C) Corporate social responsibility refers to open and accountable business actions based on respect for people, community/society and the broader environment. It involve going beyond legal compliance and taking extra steps to ensure Social and environmental and financial goals are met. This may incur added compliance costs in the short run. These days consumers are concerned about the social and environmental performance of businesses so CSR is important in operations management: as it will impact the public perception/brand image and consumer sentiment about a product/business. This will Affect their sales and profits as consumers will be more likely to buy from businesses with a good record of CSR – so the short run compliance costs are covered by long run sales and profit increases.
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Question 2 of 9
2. Question
1 point(s). Fred Ball runs a large water tank manufacturing plant. His costs have continued to grow and he is facing increased competition from cheap imports. Fred has decided to move his operations to Bangladesh next year to take advantage of cheaper inputs. As a result, he will have to lay off 20 domestic workers.
- (A) Using examples from the stimulus, Distinguish between legal compliance and ethical responsibility.
- (B) Explain TWO influences on Fred’s operations that he should have considered in deciding to move his production to Bangladesh
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 3 of 9
3. Question
1 point(s)Zapatos Pty Ltd is a designer and manufacturer of leather shoes. Management at Zapatos are going to expand their business operations throughout Asia and Latin America.
- (a) Outline ONE global factor a business must consider in its operation strategies.
- (b) Distinguish between legal compliance and ethical responsibility.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 4 of 9
4. Question
1 point(s)Refer to the following questions:
- (a) Outline the importance of process layout in maximising efficiency of the transformation process.
- (b) Describe how a variation in demand for the finished product will influence the transformation process
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 5 of 9
5. Question
1 point(s)Stones Pty Ltd is a well-established SME. It needs to change every aspect of its operations processes in order to stay competitive.
- (a) Identify TWO sources of resistance to the changes needed.
- (b) Describe how sequencing and scheduling will benefit Stones Pty Ltd.
- (c) Describe the process of monitoring, control and improvement as Stones Pty Ltd tries to stay competitive.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 6 of 9
6. Question
1 point(s)Refer to the following questions:
- (a) Why is corporate social responsibility a key concern in operations management?
- (b) Explain the importance of monitoring and controlling in order to produce quality manufactured outputs.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 7 of 9
7. Question
1 point(s)Vroom Pty Ltd assembles electronic motors from imported parts. The diagram below shows the sequencing of tasks in the assembly of the motors.
- (a) Identify the critical path for Vroom Pty Ltd.
- (b) Distinguish between transforming and transformed resources for this business.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
Question 8 of 9
8. Question
1 point(s)Gordy Pty Ltd, an Australian cosmetics manufacturer has recently produced a new range of products and plans to expand into Asia.
Analyse the impact of globalisation on their operations function.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted. -
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Question 9 of 9
9. Question
1 point(s)Valpos Pty Ltd is an Australian designer and manufacturer of leather clothing. Management at Valpos Pty Ltd is going to expand their business operations throughout Asia. Due to the presence of many competitors they realise they will have to be competitive both in terms of quality and costs.
- (a) Outline ONE global factor that this business might consider.
- (b) Explain ONE influence on this business’s operations.
- (c) Explain how a Gantt chart can be used in the transformation process.
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This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.
Grading can be reviewed and adjusted.Grading can be reviewed and adjusted.
