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Operation Management_Unit 1 Quiz

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Q 1.The finance function is responsible for . 2.Which of the following is not primarily performed by the operation management function? 3.At a factory, the transformation process is a (an) change of raw materials and components into products. 4.Operations management is responsible for orchestrating all the resources needed to produce the final product. This includes all of the following except 5.What are long-term decisions that set the direction for the entire organization called?

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1.managing cash flow, current assets, and capital investments efficiency and costs 1.Operational efficiency is: 2.advertising strategy 3. physical 4.obtaining customer feedback 5.strategic