GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following Business Functions will organize production in a factory?
A
Human Resource Management
B
Finance and Accounts
C
Marketing
D
Operations Management
Explanation: 

Detailed explanation-1: -Production Function: Any process which involves conversion of raw material into finished product for satisfaction of human wants is called as production. Production function refers to creation of goods and services in order to satisfy human needs by converting resources into outputs.

Detailed explanation-2: -The job of operations management is to oversee the process of transforming resources into goods and services. The role of operations managers in the manufacturing sector includes production planning, production control, and quality control.

Detailed explanation-3: -Organization functional areas are Marketing Management 3. Financial Management 4. Personnel Management 5. Materials Management The above functional areas are not watertight compartments.

There is 1 question to complete.