Podcast
Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App
Questions and Answers
Which one of the following best describes operations management?
Which one of the following best describes operations management?
- The management of marketing and sales activities within an organization
- The management of financial resources within an organization
- The management of human resources within an organization
- The management of processes that create goods and/or provide services (correct)
What are the three basic functions of a business organization?
What are the three basic functions of a business organization?
- Finance, Sales, and Marketing
- Production/Operations, Human Resources, and Sales
- Finance, Marketing, and Human Resources
- Production/Operations, Finance, and Marketing (correct)
Which function of a business organization involves securing resources at favorable prices and allocating them throughout the organization?
Which function of a business organization involves securing resources at favorable prices and allocating them throughout the organization?
- Production/Operations
- Marketing
- Human Resources
- Finance (correct)
What is one activity in which finance and operations management personnel cooperate?
What is one activity in which finance and operations management personnel cooperate?
Signup and view all the answers
What does operations management encompass?
What does operations management encompass?
Signup and view all the answers
Flashcards are hidden until you start studying
