All of the following decisions fall within the scope of operations management except for:
August 21, 2022 by Smirti
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A) creating the company income statement. Answer: A All of the following decisions fall within the scope of operations management EXCEPT for:
All of the following decisions fall within the scope of operations management EXCEPT for:
B) design of goods and services.
C) location strategy.
D) managing quality.
E) human resources and job design
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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
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1 Answer
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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
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