WGU C201 BUSINESS ACUMEN EXAM | STUDY QUESTIONS AND ANSWERS RATED A+ | LATEST 2024
4 views 0 purchase
Course
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT
Institution
WGU C201 BUSINESS ACUMEN OBJECTIVE ASSESSMENT
WGU C201 BUSINESS ACUMEN EXAM | STUDY QUESTIONS AND ANSWERS RATED A+ | LATEST 2024
WGU C201 BUSINESS ACUMEN EXAM | STUDY QUESTIONS AND ANSWERS RATED A+ | LATEST 2024
WGU C201 BUSINESS ACUMEN EXAM | STUDY QUESTIONS AND ANSWERS RATED A+ | LATEST 2024
WGU C201 BUSINESS ACUMEN
EXAM | STUDY QUESTIONS AND
ANSWERS RATED A+ | LATEST 2024
What does management mean? - Correct Answer - Or span of
control- Numbers of employees the manager supervises.
What is mass production? - Correct Answer - Mass production is
Manufacturing large quantities of products through effective
combinations of both employees with specialized skills,
mechanizations, and standardization.
What is the difference between flexible production and customer-
driven production? - Correct Answer - Flexible production is
using tech to receive and fulfill orders and skilled people to carry
out tasks associated with a specific order. Customer driven
production evaluates buyer demands to make the connection
between products manufactured and products purchased.
What are the 2 main production systems? - Correct Answer -
Two main production systems are Analytic and Synthetic
,What are the 2 time-related production processes? - Correct
Answer - the 2 time related production processes are the
continuous production process and the intermittent production
process.
List some of the reasons businesses invest in robots. - Correct
Answer - Businesses use robots to free people from boring
sometimes dangerous assignments and perform tasks that
require repeated manipulation and materials, and tools.
What is a flexible manufacturing system (FMS)? - Correct
Answer - An FMS is a production facility that can be modified to
manufacture different products.
What are the major benefits of computer-integrated manufacturing
(CIM)? - Correct Answer - The main benefits of CIM are
increased productivity, decreased design costs, increased
equipment utilization, and improved quality.
How Does an environmental impact study influence the location
decision? - Correct Answer - Because it outlines how
transportation, energy use, water and sewer treatment needs, and
, other factors will affect plants, wildlife, water, air, and other
elements of the natural environment.
What human factors are relevant to the location decision? -
Correct Answer - The areas labor supply, labor costs, local
regulations, taxes, and living conditions.
List the 4 major tasks of production and operation managers. -
Correct Answer - 4 Major tasks of production and operations
managers: Planning the overall production process, determining
the best layout for the firms facilities, implementing the production
plan, and controlling the manufacturing to ensure the highest
quality.
What is the difference between a traditional manufacturing
structure and a team-based structure? - Correct Answer -
Traditional- each manager is given a specific level of authority.
Team-based- all workers are responsible for their output.
What factors affect the make, buy, or lease decision? - Correct
Answer - Cost of leasing or purchasing parts from vendors,
versus producing them in house, the availability of dependable
outside suppliers, and the need for confidentiality.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseMeg. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.