All of the following decisions fall within the scope of operations management except for:

A) creating the company income statement.
B) design of goods and services.
C) location strategy.
D) managing quality.
E) human resources and job design

Answer: A

Learn More :

← Prev Question Next Question →

0 votes

141 views

asked Feb 27 in Business Studies by SakethKrishna (30.0k points)
closed Mar 1 by SakethKrishna

All of the following decisions fall within the scope of operations management EXCEPT for:
1. Financial analysis
2. Design of products and processes
3. Location of facilities
4. All of the above fall within the scope of operations management

business-finance
types-of-financing

Share It On

1 Answer

0 votes

answered Feb 27 by Aniketk (30.0k points)
selected Feb 27 by SakethKrishna

Best answer

Correct Answer - Option 1 : Financial analysis

The correct answer is Financial analysis.

All of the following decisions fall within the scope of operations management EXCEPT for Financial analysis.
Operations Management is concerned with the conversion of inputs into outputs, using physical resources, so as to provide the desired utilities to the customer while meeting the other organizational objectives of effectiveness, efficiency, and adaptability.
- It distinguishes itself from other functions such as personnel, marketing, finance, etc. by its primary concern for ‘conversion by using physical resources.

Following are the activities, which are listed under Production and Operations Management functions:
- Location of facilities
- Plant layouts and Material Handling
- Product Design
- Process Design
- Production Planning and Control
  Quality Control
- Materials Management
- Maintenance Management

← Prev Question Next Question →

Find MCQs & Mock Test

Free JEE Main Mock Test
Free NEET Mock Test
Class 12 Chapterwise MCQ Test
Class 11 Chapterwise Practice Test
Class 10 Chapterwise MCQ Test
Class 9 Chapterwise MCQ Test
Class 8 Chapterwise MCQ Test
Class 7 Chapterwise MCQ Test

0 votes

1 answer

Which of the following is not a tax?

asked Feb 27 in Business Studies by SakethKrishna (30.0k points)

business-finance
types-of-financing

0 votes

1 answer

Which of the following measures of money supply is known as ‘Broad money' ?

asked Feb 27 in Business Studies by SakethKrishna (30.0k points)

business-finance
types-of-financing

0 votes

1 answer

Select the correct code of the following statements being correct or incorrect. Statement (I) : International liquidity encompasses the international

asked Feb 23 in Business Studies by Ritikgupta (30.0k points)

business-finance
types-of-financing

0 votes

1 answer

What are Open Market Operations ?

asked Mar 1 in General by IshmeetKaur (30.0k points)

accountancy
types-of-financing

0 votes

1 answer

_______ refers to the funds, which an organisation must possess to finance its day to day operations.

asked Feb 27 in Business Studies by SnehaShyam (45.3k points)

business-finance
working-capital

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.