Podcast
Questions and Answers
The role of a cost centre within a business is to monitor and control
The role of a cost centre within a business is to monitor and control
- assets
- expenses (correct)
- liabilities
- receipts
Which pair of business functions is conducted by human resource management?
Which pair of business functions is conducted by human resource management?
- Pricing and scheduling
- Scheduling and induction
- Induction and recruitment (correct)
- Recruitment and receivables
A manufacturing business is a cost leader in their industry.
Which combination of features of the transformation process are they most likely to demonstrate
A manufacturing business is a cost leader in their industry. Which combination of features of the transformation process are they most likely to demonstrate
- Low volume, low variety
- High volume, low variety (correct)
- Low volume, high variety
- High volume, high variety
A mobile phone manufacturer decides to globally source inputs that they had previously produced themselves. Which of the following shows possible negative effects of this decision?
A mobile phone manufacturer decides to globally source inputs that they had previously produced themselves. Which of the following shows possible negative effects of this decision?
A manager at a fast-food business wants to change the operations process in response to the influence of corporate social responsibility. Which action would achieve this objective?
A manager at a fast-food business wants to change the operations process in response to the influence of corporate social responsibility. Which action would achieve this objective?
Why might a business move from a production approach to a selling approach?
Why might a business move from a production approach to a selling approach?
What is the most likely reason for an Australian clothing business choosing to manufacture locally?
What is the most likely reason for an Australian clothing business choosing to manufacture locally?
A manager is concerned about ongoing theft and the cost of storing raw materials. Which inventory management strategy would best address the manager’s concerns?
A manager is concerned about ongoing theft and the cost of storing raw materials. Which inventory management strategy would best address the manager’s concerns?
In order to achieve best practice, a mobile phone company examines global trends in phone technology before designing and producing their phones. What operations strategy is this business using?
In order to achieve best practice, a mobile phone company examines global trends in phone technology before designing and producing their phones. What operations strategy is this business using?
Australian businesses are required by law to offer a refund if the product or service...
Australian businesses are required by law to offer a refund if the product or service...
