Business Functional Areas and Production Process Quiz
32 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What are the four functional areas in business?

Production, finance, marketing, personnel

What are the basic inputs of the production process?

Materials, labor, capital, energy, information resources

What is the primary concern of an operations manager?

The activities of the conversion process

What is the process of production management?

<p>Planning, organizing, directing, and controlling the activities of the production function</p> Signup and view all the answers

What is the conversion process in production function?

<p>The conversion of raw materials into finished products</p> Signup and view all the answers

What are the 4 dimensions of operations?

<p>Volume, Variety, Variation, Visibility</p> Signup and view all the answers

What is the primary objective of operations management in terms of customer service?

<p>To create products or services that satisfy the needs of consumers by providing the right thing at the right price, place, and time.</p> Signup and view all the answers

What is the objective of resource utilization in operations management?

<p>To make the best possible use of the organization's resources to satisfy the wants of the consumers.</p> Signup and view all the answers

What is the scope of operations management in comparison to production management?

<p>Operation management is wider in scope than production management, as it includes both products and services, while production management focuses on products only.</p> Signup and view all the answers

What is the difference between operation management and production management?

<p>Operation management ensures complete product/service realization cycle including planning, purchase, production/service provision, quality control, etc., while production management focuses on the execution of the production plan, including only the production business processes.</p> Signup and view all the answers

What is the purpose of operations management?

<p>To ensure that the operations of a business are efficient and effective and result in a minimum of wastage.</p> Signup and view all the answers

What is the focus of production management?

<p>To focus specifically on the production of goods.</p> Signup and view all the answers

What is the study of operations management concerned with?

<p>The study of activities comprising supervision, planning, and designing of business operations in the field of manufacturing of goods and services.</p> Signup and view all the answers

In a nutshell, what is operation management about?

<p>Using physical resources in an optimum manner, converting input into output, to supply the market with the desired and finished product.</p> Signup and view all the answers

What does operation management try to achieve?

<p>To cut down resources involved in operations while making operations more effective and productive.</p> Signup and view all the answers

What is the purpose of resource utilization in operations management?

<p>To make the best possible use of the organization's resources to satisfy the wants of the consumers.</p> Signup and view all the answers

What are the primary inputs of the production process?

<p>Materials, Labor, Capital, Energy, Information, Resources</p> Signup and view all the answers

Define production function.

<p>The conversion of raw materials into finished products.</p> Signup and view all the answers

What are the 4 dimensions of operations according to the text?

<p>Volume, Variety, Variation, Visibility</p> Signup and view all the answers

Explain the role of an operations manager in terms of the conversion process.

<p>The primary concern of an operations manager is the activities of the conversion process.</p> Signup and view all the answers

What is the definition of production management?

<p>The process of planning, organizing, directing, and controlling the activities of the production function.</p> Signup and view all the answers

Explain the concept of 4Vs in operations management.

<p>The 4Vs refer to Volume, Variety, Variation, and Visibility, which are essential dimensions of operations.</p> Signup and view all the answers

What is the primary objective of operations management in terms of customer service?

<p>To create products or services that satisfy the needs of the consumers by providing the right thing at the right price, place, and time.</p> Signup and view all the answers

What is the scope of operations management in comparison to production management?

<p>Operation management has a wider scope than production management, as it includes both products and services, while production management focuses on products only.</p> Signup and view all the answers

What is the purpose of operations management?

<p>To ensure that the operations of a business are efficient and effective, resulting in minimal wastage.</p> Signup and view all the answers

What does operation management try to achieve?

<p>It tries to cut down resources involved in operations while making operations more effective and productive.</p> Signup and view all the answers

What is the study of operations management concerned with?

<p>The study of set of activities comprising supervision, planning, and designing of business operations in the field of manufacturing of goods and services.</p> Signup and view all the answers

In a nutshell, what is operation management about?

<p>Using physical resources in an optimum manner, converting input into output, and supplying the market with the desired and finished product.</p> Signup and view all the answers

What are the objectives of operations management?

<p>To create products or services that satisfy consumer needs and to make the best possible use of the organization's resources to satisfy consumer wants.</p> Signup and view all the answers

What is the difference between operation management and production management?

<p>Operation management ensures complete product/service realization cycle, while production management includes only the production business processes.</p> Signup and view all the answers

What is the purpose of resource utilization in operations management?

<p>To make the best possible use of the organization's resources to satisfy consumer wants.</p> Signup and view all the answers

What is the difference between production management and operation management?

<p>Operation management is a modern term, while production management is older.</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Open
Browser
Browser