Role of Operations Management (HSC SSCE Business Studies): Quizzes

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Interdependence With Business Functions
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What does interdependence mean in business?

Functional areas rely on each other

What does synergy mean in business?

The whole is greater than the sum of parts

What does the operations function do in manufacturing?

Turns raw materials into finished goods

What does the marketing function focus on?

Satisfying customer needs and wants

Which report shows assets, liabilities, and equity?

Balance sheets

Why has human resources management become vital?

Employees are the most important resource

What does marketing determine that operations must respond to?

What products customers want and at what price

How can operations enhance profitability through cost minimization?

Improving efficiency and reducing waste

How does finance use IT according to the note?

Record transactions and generate reports

At Wild Horses Café, when does Jenni pay suppliers?

Every Tuesday for Thursday delivery

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