ENTREPRENEURIAL OPERATIONS
QUALITY CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers
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production processes in which resources are combined to create finished products
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activities producing tangible products, such as radios, newspapers, buses, and textbooks
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activities producing intangible and tangible products, such as entertainment, transportation, and education
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Detailed explanation-1: -Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services.
Detailed explanation-2: -Operational processes or core business processes are the “key activities or cluster of activities which must be performed in an exemplary manner to ensure a firm’s continued competitiveness because it adds primary value to an output.”
Detailed explanation-3: -Planning, organizing, and strategizing the daily operations and routine is the primary function of operations management. A well-planned implemented strategy can help in meeting the deadlines and production goals of an organization.