Introduction to Operations Management Quiz by Shubhrata Shrestha | Sep 15, 2025 | 0 comments Introduction to Operations Management Quiz 1. What is the main role of operations management? A) Advertising products to new markets B) Transforming inputs into outputs by adding value C) Managing the company’s cash reserves D) Negotiating with external stakeholders None 2. Which of the following is NOT one of the Five Ms? A) Materials B) Manpower C) Money D) Market None 3. Which type of sector involves businesses focused on providing knowledge-based services like IT and consultancy? A) Primary B) Secondary C) Tertiary D) Quaternary None 4. In labour-intensive production, most costs are directed towards: A) Depreciation of machines B) Employee wages and benefits C) Research and development D) Contingency funds None 5. Which of the following best describes a marketing implication of operations management? A) Workforce training requirements B) Production methods influencing product uniqueness C) Contingency fund allocation D) Equipment maintenance schedules None 6. Which sector would include agriculture, fishing, and mining? A) Primary B) Secondary C) Tertiary D) Quaternary None 7. Why is investment appraisal important in operations management? A) To train employees B) To assess if capital investments are worthwhile C) To reduce taxes D) To recruit unskilled workers None 8. A company that manufactures cars primarily operates in which sector? A) Primary B) Secondary C) Tertiary D) Quaternary None 9. An example of an ethical issue in operations management is: A) Market segmentation B) Diversity and inclusion C) Competitor benchmarking D) Product lifecycle extension None 10. Which of the following is a finance implication of operations management? A) Setting advertising budgets B) Allocating funds for contingency and machine breakdowns C) Customer satisfaction surveys D) Product differentiation strategies None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
