Operations Management and Business Objectives (VCE SSCE Business Management): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What does operations management involve?
What does operations management involve?
Overseeing production processes
Which industry sector extracts products from the natural environment?
Which industry sector extracts products from the natural environment?
Primary sector
What percentage of Australia's workforce is employed in tertiary & quaternary sectors?
What percentage of Australia's workforce is employed in tertiary & quaternary sectors?
Over 85%
Which decision type involves design & layout of facilities?
Which decision type involves design & layout of facilities?
Strategic decisions
What does quality control reduce in production?
What does quality control reduce in production?
Wastage and defects
What business objective results from introducing technology to operations?
What business objective results from introducing technology to operations?
Increased profitability
Which factor of competitive advantage involves producing at minimum cost?
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?
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?
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?
What is the key difference between efficiency & effectiveness?
Efficiency = low cost; Effectiveness = goals
