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Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Customisation, flexibility, profit, quality (D) Choice, customisation, dependability, profit - HSC - SSCE Business Studies - Question 5 - 2014 - Paper 1

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Question 5

Which-of-the-following-are-all-examples-of-operations-performance-objectives?--(A)-Choice,-flexibility,-profit,-speed-(B)-Cost,-dependability,-quality,-speed-(C)-Customisation,-flexibility,-profit,-quality-(D)-Choice,-customisation,-dependability,-profit-HSC-SSCE Business Studies-Question 5-2014-Paper 1.png

Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Cus... show full transcript

Worked Solution & Example Answer:Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Customisation, flexibility, profit, quality (D) Choice, customisation, dependability, profit - HSC - SSCE Business Studies - Question 5 - 2014 - Paper 1

Step 1

Evaluate option A: Choice, flexibility, profit, speed

96%

114 rated

Answer

This option includes choice and flexibility, which are important factors in operations, but profit is not typically considered a performance objective in operations. Hence, this option is incorrect.

Step 2

Evaluate option B: Cost, dependability, quality, speed

99%

104 rated

Answer

This option includes cost, dependability, quality, and speed, all of which are recognized as key performance objectives in operations. Therefore, this option is correct.

Step 3

Evaluate option C: Customisation, flexibility, profit, quality

96%

101 rated

Answer

Customization, flexibility, and quality are important operations performance objectives, but profit does not typically fall under this category. Hence, this option is incorrect.

Step 4

Evaluate option D: Choice, customisation, dependability, profit

98%

120 rated

Answer

Although choice, customisation, and dependability are relevant, profit is not a performance objective in operations. Therefore, this option is also incorrect.

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