Question: 1 4 . * * Which of these is not typically a role of operations managers? * * a ) Developing product strategyb ) Designing
Which of these is not typically a role of operations managers?a Developing product strategyb Designing the layout of the factory floorc Directly engaging in salesd Overseeing the production processDemand Forecasting' in operations management is used to:a Predict financial marketsb Estimate the quantity of a product or service that consumers will purchasec Determine employee performance metricsd Forecast weather conditions for logistical planningWhich of the following best describes 'Process Innovation' in operations?a Implementing new or significantly improved production or delivery methodsb Copying competitor's business processesc Minor changes in existing productsd Focusing only on product innovationIn operations, 'Cycle Time' refers to:a Time taken to complete one cycle of a business processb Duration of employeework cyclesc Time taken for a product to be obsoleted Financial reporting periodKanban is a concept used in operations management to:a Track employee attendanceb Signal the need to move materials within a manufacturing processc Monitor financial transactionsd Evaluate managerial decisionsCrossTraining' in operations management is important for:a Enhancing financial skills onlyb Providing employees with skills to perform different jobsc Focusing solely on senior management trainingd Training in crosscultural communication onlyThe primary purpose of 'Risk Management' in operations is to:a Ignore potential risksb Focus only on financial risksc Identify, assess, and prioritize risksd Transfer all risks to insurance companies
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