India's Economic Activities and GDP Growth

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Questions and Answers

What is the primary reason for the recent growth in India's GDP?

  • Services
  • Manufacturing and Services (correct)
  • Manufacturing
  • Agriculture

Which of the following is an example of a service organization?

  • An automobile garage
  • A hotel (correct)
  • A machine tools manufacturer
  • A raw material supplier

What is the definition of an operations system?

  • A system that transforms inputs into both tangible and intangible outputs (correct)
  • A system that does not transform inputs into outputs
  • A system that transforms inputs into intangible outputs only
  • A system that transforms inputs into tangible outputs only

What is the focus of operations management?

<p>To minimize costs and maximize revenue through careful planning and control of operations (D)</p>
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What are the types of problems that operations management addresses?

<p>Both simple and complex problems (D)</p>
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What is the role of transformation processes in operations systems?

<p>Transformation processes ensure that inputs are converted into useful outputs (D)</p>
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Which of the following best describes the Centre for Monitoring Indian Economy (CMIE)?

<p>A government agency responsible for collecting data on macroeconomic indicators (A)</p>
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In operations management, how are 'pure product' and 'pure service' typically viewed?

<p>As two ends of a spectrum (B)</p>
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Do the principles, tools, and techniques of operations management apply to both the manufacturing and service sectors?

<p>Yes, they apply to both sectors (B)</p>
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