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U3AOS3 Ops Mgt - DP1&2

Authored by Andrea Cincotta

Business

12th Grade

Used 2+ times

U3AOS3 Ops Mgt - DP1&2
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Improving efficiency in operations will directly correspond to an improvement in effectiveness.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Utilising advanced technology in the production process can enable a business to innovate new product designs, allowing it to fulfil a market need.

True

False

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Fill in the blank with one of the following terms:

• to fulfil a market need • to increase market share

An operations manager can implement strategies to reduce the number of faulty products in production, which can improve customer satisfaction and sales, allowing a business _

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Fill in the blank with one of the following terms:

• to fulfil a social need • to meet shareholder expectations

Implementing strategies that allow a business to optimally use its resources will reduce production costs, increase profit, and increase dividends paid to investors, thus allowing a business _

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Implementing operations strategies that improve efficiency and minimise waste can improve customer satisfaction and overall business performance

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Productivity is the number of goods or services that are produced compared to the number of resources used in the production process

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Intangible means you can touch, see, feel something, whereas Tangible means you can experience something

True

False

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