ib Business Management Unit 5.1

ib Business Management Unit 5.1

11th - 12th Grade

15 Qs

quiz-placeholder

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ib Business Management Unit 5.1

ib Business Management Unit 5.1

Assessment

Quiz

Social Studies

11th - 12th Grade

Practice Problem

Medium

Created by

Deirdre Burrell

Used 337+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Takes place during the production process when the value of output to consumers is greater than the costs of production to the firm.

Economic sustainability

Value added

Social sustainability

Operations Management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability of the society to develop in such a way that it meets the social well-being needs of the current and future generations.

Social sustainability

Economic sustainability

Ecological sustainability

Social entrepreneurship

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The sector that provides intellectual, knowledge-based activities to generate and share information, eg R&D, consultancy services and scientific research.

Primary

Secondary

Quaternary

Quinternary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The role of operations management impacts on all functional areas of a business

Ture

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The role of operations management is to turn factors of production into the output of goods and services in a cost-effective way.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The tertiary sector provides services, so is not considered to be part of operations management

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Labour intensive production means firms hire more people than any other factor of production.

True

False

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