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Operations Business Studies HSC Flashcards | StudBud
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Operations Business Studies HSC
Operations Business Studies HSC
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Questions
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1
guess my crush
george clooney
Mr Ma
chris hemsworth
education
2
What performance objective results in products that are more reliable?
Quality
Durability
Dependability
Reliability
3
What is the benefit of a larger production output?
Economies of scale
Cost Leadership
Market share
Global sourcing
4
What term describes products that are produced for a mass market?
Mass production
Volume production
Market leading
Intensive production
5
What term describes the limited shelf life of a product?
Stock-take
Obsolescence
Perishability
Product update
6
Suppliers of inputs to production are part of what chain?
Logistics
Value chain
Supply chain
Outsourcing
7
What is a measure of how the same level of inputs produces more output?
Economies of scale
Productivity
Efficiency
Transformation
8
What type of resources are changed during production?
Primary
Transforming
Material
Transformed
9
What goal will be achieved by a business with ethical practices?
Strategic
Profit
Corporate Social Responsibility
Sustainability
10
What do we call it when a product is distinguished from competitors?
Competitive advantage
Distinguished marketing
Competitive positioning
Product differentiation
11
What competitive advantage relates to costs?
Economies of scale
Cost Leadership
Innovation
Expense minimisation
12
What expectations of customers must be satisfied?
Quality expectations
Delivery expectations
Product design
Competitive pricing
13
What is the production process that creates more distinct products for customers?
Transformation
Customisation
Product distinction
Value add
14
What performance objective monitors the ability to change production?
Efficiency
Flexibility
Customisation
Innovation
