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Operations recap Jan 2023

Authored by Amy Jenking

Business

10th Grade

Used 8+ times

Operations recap Jan 2023
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Machinery is an example of which factor of production:

Land

Labour

Capital

Enterprise

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the opposite of just in time?

Stock control

Total Quality Management

Just in case

Kaizen

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following businesses would be best suited to a just in time stock control system?

Car manufacturer

Nationwide footwear retailer

Wholesaler of building supplies

School uniform retailer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business getting good value when buying products means that it will:

Always get the cheapest price

Always get the highest quality

Get the right balance between price and quality

Charge its customers the lowest price possible

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit to a business of having an efficient procurement department?

Improved levels of customer service

Increased levels of staff motivation

Higher sales revenue

Lower unit costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the first stage in a supply chain for a chocolate bar?

The supplier of cocoa beans

The manufacturer of the chocolate bar

Transportation between each stage of the supply chain

The retailer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following job roles would be found within the logistics department for a large supermarket chain?

Customer services manager

Warehouse manager

Retail manager

Human resources manager

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