WorksheetsQUIZ 1 - OPERATIONS MANAGEMENT
Total questions: 15
Worksheet time: 6mins
We study Operations Management because we study how people organize themselves for productive enterprise.
TRUE
FALSE
We study Operations Management because we want to know how goods and services are produced.
TRUE
FALSE
Understanding OM will hinder you to explore the numerous and lucrative career opportunities in the field.
TRUE
FALSE
OM provides a major opportunity for an organization to improve profitability and enhance its service to society.
TRUE
FALSE
According to our material, Supply chain management is divided into three major divisions: Procurement, Operations Management, and Retailers.
TRUE
FALSE
Which among these is under "Procurement" in the supply chain management?
Goods in Warehouse
Outbound Warehouse
Manufacturing
Which among these is under "Operations Management" in the supply chain management?
Goods in Warehouse
Outbound Warehouse
Consumer
Which among these is under "Operations Management" in the supply chain management?
Raw Materials
Manufacturing
Inbound Logistics
Which among these is under "Procurement" in the supply chain management?
Raw Materials
Outbound Logistics
Manufacturing
Which among these is under "Procurement" in the supply chain management?
Inbound Logistics
Outbound Logistics
Manufacturing
A supply chain is a global network of organizations and activities that supply a firm with goods and services.
True
False
To create goods and services, all organizations need not to perform these three functions: Marketing, Operations, Finance.
True
False
Production is the creation of goods and services.
True
False
Services are the tangible products created.
True
False
Operations management (OM) is the set of activities that creates value in the form of goods and services by transforming inputs into outputs.
True
False
