Test 2 Flashcards

1
Q

What is vertical integration and when is best for a firm to use that strategy

A

a. Full monopolization on that sector and they run it themselves (in house)
b. Streamlining operations by taking ownership.

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2
Q

What might you use continuous vs mass production

A

a. Continuous when there’s not too many element(simplicity)
b. Mass when there is a lot of different components and use of humans (complicated)

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3
Q

Igloo fest customer process map

A

a. Purchase ticket
b. Transport to event
c. Getting in
d. Participate
e. Buy merchandise
f. Leave event
g. Answer survey

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4
Q

How would Pepsi bottling company figure out what the bottle neck is and how to fix it

A

a. Time all steps
b. Find the largest step
c. Innovate
d. Break up steps into 2 steps
e. Hire more labour

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5
Q

Turtles’ chocolate increase production capacity

A

a. Invest in new equipment
b. Increase capacity
c. Increased labour
d. 24-hour production
e. Speed up conveyor

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6
Q

How can a grid layout be leveraged to

A

a. Best sellers at back
b. Add best sellers to the middle of the aisles forcing customers to walk through all the other products.
c. Putting best sellers at eye level

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7
Q

How would you describe the original manufacturing process of the ford car

A

a. Creation of the production line
b. Avoiding making a full car at once

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8
Q

What are the pros and cons of repetitive task

A

a. Simple
b. Bored easily
c. Speed
d. Ease
e. Smaller learning curve

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9
Q

How to motivate new city of Montréal employees and how do you prepare to train them

A

a. Communicate
b. Offer incentives
c. Cross training
d. Job rotation
e. Allow them to get promoted
f. Offer overtime

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10
Q

Canada employment equity act requires diversity

A

a. Hire more diverse people
b. Attract diverse people
c. Train employees on diversity and acceptance
d. Offering flexibility
c. equitable hiring process

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11
Q

Ergonomics why are ergonomics important and how to optimize a working area?

A

a. Invest in ergonomic furniture
b. Encourage healthy habits

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12
Q

you are tasked with a john Abbott holiday party

A

a. scheduling
i. list of tasks and equipment list with dates
ii. good contacts with your team
iii. gaant chart
b. budget planning
c. control
i. back up options
ii. know the scope
iii. risk analysis
iv. communicating with your team
v. controlling costs (not allocating all the money at the beginning)
vi. having a safety net for money

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13
Q

Ubisoft how can you minimize conflict in a diverse group (age, gender, race)

A

a. Team building events
b. Conflict resolution (mediation)
c. Offering them a chance to resolve their conflict
d. Try and create understanding
e. Cultural expectations
f. Leveraging peoples skills

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14
Q

describe how the supply chain for Toothpaste

A

a. Get the tube
b. Acquire the toothpaste
c. Equipment
d. Assembly
e. Distribution
f. Retail

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15
Q

what can management due to ensure supply chain effectiveness

A

a. Eliminate bottle necks
b. Ensure well trained staff?
c. Bull whip effect
i. Recession
ii. Butterfly effect lowkey
d. Communicate with staff
e. Create an inventory buffer

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16
Q

If you’re a transport company how can you improve sustainability

A

a. Offer good training
b. Hybrid or electric cars
c. Study routes
d. High tire pressure
e. Trimming gas consumption
f. Avoiding rush hour

17
Q

How can technology like barcodes and rfid how can they help a courier company with package deliveries?

A

a. Increase organization
b. Speed up deliveries
c. Ensuring efficiency
d. Allows tracking
e. Reduces potential for theft
f. Tracking movement