CBA Operations & Risk Management

Question 1

Why is workflow optimization important in operations management?

Accepted Answer

To improve operational efficiency

Answer

To delay deliveries

Answer

To reduce team collaboration

Answer

To increase the workload

Question 2

What is the main purpose of risk assessment in business planning?

Accepted Answer

To identify and mitigate potential threats

Answer

To determine payroll schedules

Answer

To forecast customer satisfaction

Answer

To increase product pricing

Question 3

Which strategy helps ensure continuity during operational disruptions?

Accepted Answer

Business continuity planning

Answer

Marketing campaign schedule

Answer

Quarterly financial reporting

Answer

Product development cycle

Question 4

What is a key benefit of supply chain risk management?

Accepted Answer

Reduces delays and maintains supply flow

Answer

Increases vendor prices

Answer

Guarantees higher profit margins

Answer

Improves employee retention

Question 5

Which tool is commonly used to monitor and control business operations?

Accepted Answer

Dashboards

Answer

Flyers

Answer

Calendars

Answer

Timesheets

Question 6

What is a key consideration when creating an employee safety protocol?

Accepted Answer

Ensure compliance and reduce accidents

Answer

Increase team size

Answer

Avoid safety signage

Answer

Allow flexibility in training