Managing operations and improving productivity

What does operations oversee in a business?

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

What is the role of operations in a business?

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

What does operations oversee in the process of production?

• Sales and marketing
• Transformation of inputs into output
• Financial planning
• Customer service

What are the benefits of using technology in business operations?

• Decreased productivity
• Reduced customer satisfaction
• Improved efficiency
• Increased costs

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

• Human Resources
• Operations
• Marketing
• Finance

How does capital investment improve productivity?

• It increases efficiency
• It has no impact on productivity
• It increases costs
• It decreases productivity

What is the relationship between technology and productivity?

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

What is the impact of technology on productivity?

• It increases efficiency
• It decreases productivity
• It increases costs
• It has no impact on productivity

How does capital investment impact productivity?

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

What is the role of innovation in business development?

• Increased costs
• Driving new product development
• Decreased productivity
• No role