Podcast
Questions and Answers
Which of the following best describes the role of operations management?
Which of the following best describes the role of operations management?
- Handling financial transactions for a business
- Developing marketing strategies for a product
- Maximizing profits for a company
- Managing the production and delivery of goods and services (correct)
What is the main goal of operations management?
What is the main goal of operations management?
- Improving employee morale
- Expanding market share
- Increasing customer satisfaction (correct)
- Reducing production costs
Which of the following is NOT a key function of operations management?
Which of the following is NOT a key function of operations management?
- Hiring and training employees
- Managing inventory
- Implementing marketing campaigns (correct)
- Forecasting demand