CBA Business Operations Management

Question 1

What is the primary goal of business operations management?

Accepted Answer

Optimizing efficiency and reducing costs

Answer

Hiring more executives

Answer

Expanding marketing only

Answer

Outsourcing customer service

Question 2

What does a supply chain primarily focus on?

Accepted Answer

Goods and services flow

Answer

Employee benefits

Answer

Product innovation

Answer

Customer acquisition only

Question 3

Which business function ensures quality standards are met in production?

Accepted Answer

Quality control

Answer

Sales team

Answer

Marketing department

Answer

Finance department

Question 4

Why is inventory management important in operations?

Accepted Answer

To ensure cost efficiency and supply readiness

Answer

To increase payroll

Answer

To track employee absences

Answer

To reduce training time

Question 5

What is the purpose of key performance indicators (KPIs) in operations?

Accepted Answer

Measure operational success and targets

Answer

Track vacation time

Answer

Evaluate marketing ads

Answer

Reduce energy consumption

Question 6

Which of the following is a benefit of automating business operations?

Accepted Answer

Improves efficiency and accuracy

Answer

Increases manual labor

Answer

Complicates reporting

Answer

Delays product development