Podcast
Questions and Answers
What is the primary focus of operations management?
What is the primary focus of operations management?
- Maximizing efficiency within an organization (correct)
- Minimizing production costs
- Maximizing marketing efforts
- Minimizing employee turnover
Why is studying operations management important?
Why is studying operations management important?
- To limit the scope of business operations
- To increase administrative costs
- To reduce the need for innovation
- To improve the quality of goods and services (correct)
What is the main goal of operations management?
What is the main goal of operations management?
- Maximizing the profit of an organization (correct)
- Minimizing customer satisfaction
- Minimizing production output
- Maximizing employee turnover
How does operations management differ between manufacturing firms and service sectors?
How does operations management differ between manufacturing firms and service sectors?
What is a key aspect of the exciting new trends in operations management?
What is a key aspect of the exciting new trends in operations management?