Operations Management and Business Objectives (VCE SSCE Business Management): Quizzes

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Operations Management and Business Objectives
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What does operations management involve?

Overseeing production processes

Which industry sector extracts products from the natural environment?

Primary sector

What percentage of Australia's workforce is employed in tertiary & quaternary sectors?

Over 85%

Which decision type involves design & layout of facilities?

Strategic decisions

What does quality control reduce in production?

Wastage and defects

What business objective results from introducing technology to operations?

Increased profitability

Which factor of competitive advantage involves producing at minimum cost?

Productivity levels

If 600 units are produced using 150 staff-hours, what is productivity per staff-hour?

4 units

How long did Ford's 1913 moving assembly line take to build a car?

1 hour 33 minutes

What is the key difference between efficiency & effectiveness?

Efficiency = low cost; Effectiveness = goals

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