Managing operations and improving productivity

What are the benefits of innovation in business?

• Increased costs
• Decreased customer satisfaction
• Improved products and processes
• Reduced market share

What does operations oversee in a business?

• Employee training
• Financial planning
• Marketing strategies
• Transformation of inputs into output

How does capital investment impact productivity?

• It has no impact on productivity
• It increases costs
• It improves productivity
• It reduces productivity

What is the area of a business responsible for making the business's product?

• Marketing
• Operations
• Human Resources
• Finance

What is the role of operations in a business?

• Hiring employees
• Producing goods and services
• Marketing products
• Managing finances

What is the relationship between technology and productivity?

• Technology decreases productivity
• Technology increases productivity
• Technology has no impact on productivity
• Technology is unrelated to productivity

How does technology enable remote work?

• It allows employees to work from outside the business
• It decreases productivity for remote work
• It doesn't enable remote work
• It increases costs for remote work