FIN 4224
Virginia Tech
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Chapter 01 - Introduction to Operations Management question and answers
- Exam (elaborations) • 19 pages • 2023
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- $8.49
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True / False Questions 
1. Operations managers are responsible for assessing consumer wants and needs and selling 
and promoting the organization's goods or services. 
FALSE 
Difficulty: Easy 
TLO: 4 
Taxonomy: Knowledge 
2. Often, the collective success or failure of companies' operations functions will impact the 
ability of a nation to compete with other nations. 
TRUE 
Difficulty: Easy 
TLO: 1 
Taxonomy: Knowledge 
3. Companies are either producing goods or delivering services. This means ...
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51853657-Chap001 Chapter 01 Introduction to Operations Management
- Exam (elaborations) • 19 pages • 2023
-
- $9.49
- + learn more
True / False Questions 
1. Operations managers are responsible for assessing consumer wants and needs and selling 
and promoting the organization's goods or services. 
FALSE 
Difficulty: Easy 
TLO: 4 
Taxonomy: Knowledge 
2. Often, the collective success or failure of companies' operations functions will impact the 
ability of a nation to compete with other nations. 
TRUE 
Difficulty: Easy 
TLO: 1 
Taxonomy: Knowledge 
3. Companies are either producing goods or delivering services. This means ...
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