In Business Studies, what is the definition of operations management?

Organising the process that transforms inputs into outputs

Lean management mainly...

Focuses on eliminating waste and improving quality.

The development of a product or service

The act of agreeing or obeying with a wish or command

Why would a business identify and select a target market?

To direct its marketing strategies to a group of customers

Materials management is mainly focuses on the management of...

The use, the storage, and delivery of materials, available.

The major tool adopted by a business to achieve its goals.

Operations management is applicable:

To all firms, whether manufacturing or service

A business reality that makes effective project management critical is the fact that:

Product life cycles are compressing

What is the most likely result of a business achieving economies of scale?

Greater efficiencies in production

Goods and materials held as stock by a business

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General AQA Business Revision

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A general business revision Quiz built around AQA A-Level Y12 & Y13

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Questions 23

Answers

1
We define an organization's _____as it's purpose - what the organization contributes to society
mission
strategy
tactics
location
2
In Business Studies, what is the definition of operations management?
Ensuring a customer-centric approach to business is used
Using the least amount of resource inputs as possible
Organising the process that transforms inputs into outputs
Matching customer demand to supply of goods
3
A sole trader must register their business with...
The Government Tax Office
The Government Shareholder Association
Their mother
Their most trusted friend
4
Lean management mainly...
Gives the business a good reputation
Focuses on eliminating waste and improving quality.
Satisfying the customer
An ongoing business wide commitment to perfection.
5
Operations is...
The development of a product or service
A manufacturing or service org
The communication between managers and employees
Maximising profits
6
Define 'Compliance'
The act of agreeing or obeying with a wish or command
A violation of a rule or regulation
Avoidance of the depletion of natural resources
A plan or action designed to achieve an overall aim
7
Why would a business identify and select a target market?
Increase profit & market share
To direct its marketing strategies to a group of customers
To avoid bottlenecks and have efficient operations processes
Attain greater sales and achieve financial goals
8
Stage in the business lifecyle characterised by expanding sales is
birth
maturity
establishment
growth
9
Materials management is mainly focuses on the management of...
The use, the storage, and delivery of materials, available.
Improving customer contact
The effective relationship between a business and employees
10
What is an SME in terms of our business studies course?
Sistema Monetario Europeo (Italian)
Small to medium enterprise
Smart method of engaging
Small man egotist
11
A service business transforms inputs into which of the following?
Non-perishable goods
Intermediate goods
Intangible products
Primary products
12
Most large business are which legal structure?
GBE's
Private Company
Public Company
sole trader
13
Define strategy.
A summary of the business' operations.
The ability to win a game of chess.
What you organsie when something goes wrong.
The major tool adopted by a business to achieve its goals.
14
Effective operations management
creates lots of money
is productive
sells goods
adds value
15
Operations management is applicable:
To services exclusively
Mostly to the service sector
To the manufacturing sector exclusively
To all firms, whether manufacturing or service
16
A business reality that makes effective project management critical is the fact that:
Product life cycles are compressing
Products are becoming increasingly simple
Inflation is rampant
Product launch windows are widening
17
Which service can automate the planning and operations of an entire organization?
ERP
Web development project cycle
CGI
SaaS
18
What is the most likely result of a business achieving economies of scale?
Greater efficiencies in production
Greater flexibility
Higher sales price per unit
Higher average costs of production
19
How many principles are there of lean management?
4
5
10
7
20
When you define a group of people that your product is going to be sold to you have created a
Support group
Target Audience
Focus Group
Group of investors
21
An advantage for all materials management strategy is that...
Qualitative and quantitative
Organised
Cost effective
They all avoid overproduction
22
Define inventory
Stock in the external org
Goods and materials held as stock by a business
Activities which managers control
Contracting of a business
23
The stages of growth and development of business is known as the
Corporate Reflex
Corporate Ladder
Business Lifecycle
Management Strategy

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