Operations and Projects

Operations and Projects

Assessment

Flashcard

Business

University

Practice Problem

Easy

Created by

Cherie McGuire

Used 2+ times

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

What are the two types of activities all organizations engage in?

Back

Operations and projects.

2.

FLASHCARD QUESTION

Front

What are operations?

Back

Ongoing, daily activities that produce revenue and incur expense, continuing over an indefinite period of time.

3.

FLASHCARD QUESTION

Front

What is a project?

Back

A temporary endeavor with a specified start and end date, aimed at developing a unique product, service, or result.

4.

FLASHCARD QUESTION

Front

Give an example of an operation in the airline industry.

Back

An airline company providing transportation services to passengers.

5.

FLASHCARD QUESTION

Front

Give an example of a project in the automobile industry.

Back

An automobile manufacturer developing a new passenger car to meet market demand.

6.

FLASHCARD QUESTION

Front

What is a key difference between operations and projects?

Back

Operations are ongoing with no defined end date, while projects are temporary with a specified start and end date.

7.

FLASHCARD QUESTION

Front

Can projects improve operations?

Back

Yes, projects can be used to complete initiatives that improve operations or introduce new products or services.

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