What is a global web in Business Operations?

The network of suppliers a business has chosen

Inertia can be defined as:

Psychological resistance to change

Which of the following is an advantage of holding stock?

Consumer demand is more easily met

Corporate social responsibility is when a business:

Goes above and beyond legal compliance to act responsibly

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Operations

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HSC Business Studies: Operations

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Questions 13

Answers

1
What is a global web in Business Operations?
The network of suppliers a business has chosen
The global marketing of a product
The spread of a product into the global market
The communication links between international businesses
2
Inertia can be defined as:
A business continuing in its existing state of rest
Psychological resistance to change
Devising strategies to overcome resistance to change
A business not wanting to change
3
Reducing product defects by using inspections at various points in the production process is
Quality control
Total quality management
Quality assurance
Quality improvement
4
Which of the following is a not an advantage of outsourcing?
Access to skills/resources lacking within the business
Increased efficiency
Communication and language
Capacity to focus on core business
5
Which of the following is not a performance objective for operations strategies?
Profit
Speed
Flexibility
Cost
6
At what point in the production process is value added to a product?
Consumption phase
Output phase
Transformation phase
Input phase
7
A business that needs to spend money to ensure it meets all legal requirements is called:
fiduciary costs
input costs
fixed cost
compliance costs
8
Cost leadership involves aiming to have the lowest costs or to be the:
highest costs in the market
most price-sensitive in the market
profit maximisation
lowest costs in the market
9
The process of measuring actual performance against planned performance is known as:
Control
Monitoring
Processing
Improvement
10
An example of established technology is:
Virtual reality headset
Artificial intelligence
Computer-aided design (CAD)
Drone technology
11
Which of the following is an advantage of holding stock?
Obsolescence occurs when stock is unsold
Consumer demand is more easily met
Increased lead time between order and delivery
Incurred costs such as storage charges and spoilage
12
Corporate social responsibility is when a business:
Goes above and beyond legal compliance to act responsibly
Outsources its labour to overseas workers
Takes responsibility of all its interdependent key functions
Ensures it obeys all legal requirements
13
Which of the following is not an influence in operations?
Corporate Social Responsibility
Technology
Control
Globalisation

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