10 Questions
Which function of an organization is responsible for generating demand?
Marketing
What is Operations Management (OM)?
The set of activities that creates value in the form of goods and services by transforming inputs into outputs.
What is the main goal of an operation manager at a restaurant like HardRock Café?
To satisfy the customers' needs by operating the restaurant efficiently.
What are the three functions performed by all organizations to create goods and services?
Marketing, Productions/Operations, Finance/Accounting
What is the role of the Supply Chain in creating value for an organization?
The Supply Chain helps create value by coordinating the flow of materials, information, and services from suppliers to customers.
What is the role of the Finance/Accounting function in an organization?
To track the organization's performance and financials
What are the resources needed to satisfy customer needs?
High quality food
What is the main goal of Operations Management (OM)?
To create value by transforming inputs into outputs
What is the purpose of organizing to produce goods and services?
To satisfy customer needs
What is the role of the Supply Chain in creating value for an organization?
To create value through the flow of materials and information
Test your knowledge on Operations Management with this quiz! Explore topics such as the definition of Operations Management, its role in creating value through the transformation of inputs into outputs, and real-life examples like HardRock Café. Challenge yourself and see how well you understand the concepts and principles of Operations Management.
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