Podcast
Questions and Answers
What does 'strategic role' of operations management refer to?
What does 'strategic role' of operations management refer to?
- Minimizing the role of operations in business planning
- Impact of operational choices on long-term business direction (correct)
- Efficiency of day-to-day operations
- Maximizing short-term profits through operations
In the service sector, operations refer to the processes of:
In the service sector, operations refer to the processes of:
- Transforming resources into finished goods
- Supplying or carrying out a service (correct)
- Minimizing value-adding processes
- Maximizing raw material transformation
What do operations involve in addition to transformation?
What do operations involve in addition to transformation?
- Cost reduction
- Resource depletion
- Value-adding (correct)
- Market expansion
What are the business processes that involve 'transformation' or 'production'?
What are the business processes that involve 'transformation' or 'production'?
What may be the nature of operations incorporating manufacturing and provision of services?
What may be the nature of operations incorporating manufacturing and provision of services?
What is the strategic role of operations management?
What is the strategic role of operations management?
In the context of operations, what does 'transformation' refer to?
In the context of operations, what does 'transformation' refer to?
What is an example of value-adding in operations?
What is an example of value-adding in operations?
What does 'operations' refer to in the service sector?
What does 'operations' refer to in the service sector?
How do choices made within operations impact the long-term direction of a business?
How do choices made within operations impact the long-term direction of a business?