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Operations Management Quiz
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Operations Management Quiz

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Questions and Answers

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
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