GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The processes and activities needed to produce goods and services
A
Continuous Flow
B
Physical Arrangement
C
Activity Scheduling
D
Operating System
Explanation: 

Detailed explanation-1: -Production processes vary and include mass production, batch production, flexible manufacturing and just-in-time-production. Productivity is how much output you can get out of inputs. In other words, how much of your goods or services you can create with a given amount of raw materials and labor.

Detailed explanation-2: -Production – The creation or making of goods and services. The transformation of resources into goods and services. Productivity – The relationship between the output of goods or services and the input of resources.

Detailed explanation-3: -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.

There is 1 question to complete.