🎧 New: AI-Generated Podcasts Turn your study notes into engaging audio conversations. Learn more

The 4Ms of Operations Quiz
5 Questions
0 Views

The 4Ms of Operations Quiz

Created by
@EffectualMonkey

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What are the 4Ms of Operations according to the text?

  • Management, Marketing, Money, Maintenance
  • Make, Model, Market, Methodology
  • Man, Machine, Material, Method (correct)
  • Machinery, Maintenance, Manufacturing, Marketing
  • How are the 4Ms of Operations relevant to business opportunities?

  • They are relevant only to product design and quality defect prevention
  • They have no relevance to business opportunities
  • They are critical domains applicable to business opportunities (correct)
  • They are only relevant to manufacturing industries
  • Why is manpower considered critical when putting up a business?

  • It is one of the 4 critical domains of operations (correct)
  • It is the most important factor for business success
  • It is the only factor that affects business operations
  • It is not critical for business success
  • What does the 4Ms of operation emphasize in a business plan?

    <p>Details in operating the business</p> Signup and view all the answers

    In what industries is the 4Ms of operation method used?

    <p>Manufacturing industries</p> Signup and view all the answers

    More Quizzes Like This

    Use Quizgecko on...
    Browser
    Browser