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3.4.1 Operational Objectives

Authored by James Hannaford

Social Studies

Professional Development

Used 5+ times

3.4.1 Operational Objectives
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18 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of setting operational objectives in a business?

To increase the number of employees

To focus on meeting specific targets

To expand the business globally

To reduce the number of products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of operational objective is likely to involve maintaining or improving levels of quality?

Costs

Flexibility

Quality

Innovation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might a company aim to do to achieve a cost-related operational objective?

Increase the number of products

Reduce the number of customer complaints

Cut its fixed costs or variable costs

Improve the quality of products

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a flexibility objective for a business?

Increasing the selling price of products

Reacting to what customers want

Cutting carbon emissions

Increasing capacity utilization

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Efficiency objectives aim to make better use of resources to reduce costs and increase profit. Which of the following is an example of an efficiency objective?

Employing people on zero-hours contracts

Setting a zero-emissions target

Increasing capacity utilization

Adding value to raw materials

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of innovation objectives in a business?

Reducing the number of employees

Setting research and development targets

Increasing the production time

Decreasing the waiting time for customers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which operational objective involves cutting carbon emissions or using a greater number of recycled raw materials?

Speed of response

Dependability

Environment

Costs

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