BUISENESS MANAGEMENT
BUSINESS STRUCTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To manage employees at a senior level
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To oversee a small group of employees in a specific team
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To undertake duties that enable to day-to-day running of a business
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None of the above
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Detailed explanation-1: -Operations management oversees the complete operating system of an organization. Operations management is essential for organizations to manage their daily activities seamlessly. Operations management controls all the processes and handles issues including design, operation, maintenance, and improvement of the systems.
Detailed explanation-2: -The CEO or general manager is responsible for hiring all of the other employees and overseeing the day-to-day operation of the business.
Detailed explanation-3: -Chief Executive Officer (CEO) is the highest-ranking person in a company who is ultimately responsible for taking managerial decisions for the day to day operation of the company.
Detailed explanation-4: -Operating activities are the daily activities of a company involved in producing and selling its product, generating revenues, as well as general administrative and maintenance activities. Key operating activities for a company include manufacturing, sales, advertising and marketing activities.