Operations & Management Review

Front

Which of the following is NOT typically an element of business operations? Equipment, People, Processes, Marketing

Back

Marketing

Front

Contract manufacturing occurs when:

Back

Your business hires a manufacturer to produce your product.

Front

When writing your workforce plan, which is typically NOT included? Job title, Qualifications, Job Description

Back

Compensation

Front

Only emerging technologies can impact how you do business.

Back

False

Front

Identify the example of a key employee: Marketing Associate, Accountant, Chief Financial Officer (CFO), Recruiter

Back

Chief Financial Officer (CFO)

Front

Advisory boards are not compensated for their services to your business.

Back

True

Front

Effective recruitment:

Back

Results in skilled, experienced employees

Front

Which of the following would NOT be considered compensation? Salary, Overtime Pay, Health Insurance, Commission

Back

Health Insurance

Front

When producing a service, you can exclude which of these from your production plan?
How to process orders,
How customers purchase the product,
Where you get your raw materials

Back

Where you get your raw materials

Front

Key employees are responsible for all daily operations, processes and decisions for the department(s) they oversee.

Back

True