Operations Management Quiz
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Questions and Answers

What is the main focus of operations strategy?

  • Minimizing production time
  • Maximizing the net present value (NPV) of profits (correct)
  • Maximizing sales revenue
  • Minimizing costs for not-for-profit organizations

    • What does operations strategy aim to achieve for not-for-profit organizations?

  • Maximizing the net present value (NPV) of profits
  • Minimizing production time
  • Maximizing sales revenue
  • Minimizing costs (correct)

    • What is the primary task of operations strategy?

  • Designing the operating system (correct)
  • Minimizing supply chain costs
  • Maximizing production output
  • Maximizing sales revenue

    • What does operations management focus on in terms of organization's strategy implementation?

    <p>Enabling and implementing the organization’s strategy</p> Signup and view all the answers

    What does operations strategy aim to align with the organization’s desired competitive position?

    <p>Resources and processes</p> Signup and view all the answers

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