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Operations Management Quiz

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What is the primary function of Operations Management?

Creating goods and services (correct)

Organizing the production process

Generating demand for products

Tracking financial performance

What is the key difference between the cost of inputs and the price of outputs known as?

Value Added (correct)

Revenue generation

Profit margin

Operating expenses

Which function of an organization is responsible for paying bills and collecting money?

Human Resources

Finance/Accounting (correct)

Production/Operations

Marketing

Operations Management Quiz

Choose a study mode

Podcast

Questions and Answers

What is the primary function of Operations Management?

What is the key difference between the cost of inputs and the price of outputs known as?

Which function of an organization is responsible for paying bills and collecting money?

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