Podcast
Questions and Answers
Which function of an organization is responsible for generating demand?
Which function of an organization is responsible for generating demand?
- Productions/Operations
- Marketing (correct)
- Finance/Accounting
- Human Resources
What is Operations Management (OM)?
What is Operations Management (OM)?
- The set of activities that creates value in the form of goods and services by transforming inputs into outputs. (correct)
- The process of organizing resources to satisfy customers' needs.
- The function responsible for creating, producing, and delivering goods and services.
- The process of tracking if the organization is doing well, pays the bills and collects money.
What is the main goal of an operation manager at a restaurant like HardRock Café?
What is the main goal of an operation manager at a restaurant like HardRock Café?
- To track the organization's financial performance.
- To generate demand for the restaurant's goods and services.
- To satisfy the customers' needs by operating the restaurant efficiently. (correct)
- To organize resources to produce goods and services.
What are the three functions performed by all organizations to create goods and services?
What are the three functions performed by all organizations to create goods and services?
What is the role of the Supply Chain in creating value for an organization?
What is the role of the Supply Chain in creating value for an organization?
What is the role of the Finance/Accounting function in an organization?
What is the role of the Finance/Accounting function in an organization?
What are the resources needed to satisfy customer needs?
What are the resources needed to satisfy customer needs?
What is the main goal of Operations Management (OM)?
What is the main goal of Operations Management (OM)?
What is the purpose of organizing to produce goods and services?
What is the purpose of organizing to produce goods and services?
What is the role of the Supply Chain in creating value for an organization?
What is the role of the Supply Chain in creating value for an organization?