GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Operations management involves producing goods, quality control, managing the supply chain, product development, ____ of goods and purchasing of external products.
A
selling
B
warehousing
C
storing
D
shipping
Explanation: 

Detailed explanation-1: -At the most fundamental level, supply chain management (SCM) is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination.

Detailed explanation-2: -Types of operations management include operations and production efficiency, quality management, and inventory and supply chain management. Operational efficiency measures the profitability of a company based on its operations.

Detailed explanation-3: -Operations management includes three levels: strategic, tactical, and operational. The strategic level defines company goals, and the tactical level outlines a plan to implement that strategy. The operations level contains the daily operations required to produce the desired outcome.

There is 1 question to complete.