Business Operations - Quiz

• Business Studies
• Upper Secondary (Key Stage 4)
• GCSE

Business Operations

Quiz

Which functional area is responsible for producing products?

1. Human Resources
2. Operations
3. Marketing
4. Finance

Which method of production allows businesses to tailor their products to the customer’s needs?

1. Job Production
2. Lean Production
3. Flow Production
4. Batch Production

Which of the following is not a type of lean production?

1. KAIZEN
2. JIT
3. Flow

Which method of production will allow a business to produce large quantities of identical products?

1. Lean Production
2. Job Production
3. Flow Production

What does Kaizen stand for ?

1. Continuous movement
2. Change
3. Good for change
4. Continuous improvement

Which of these is an advantage of just-in-time (JIT)?

1. It eliminates buffer stock allowing previously used storage space to be used as sales space
2. Buying in smaller quantities means a loss of bulk buying discounts
3. Business is more likely to be able to meet spikes in demand

How does a business measure how efficient it is?

1. Average rate of return
2. Cost per unit
3. Net Cash Flow

What does lean production aim to reduce?

1. Waste
2. Selling Price
3. Quality
4. Loss

Which product is most likely to be made using job production?

1. Frozen Fish Fingers
2. Wedding Dress
3. Televisions
4. Crisps

Which product is most likely to be made using flow production?

1. Hand-made crafts
2. Biscuits
3. Wedding Cake

Which of these is an advantage of just-in-case (JIC)?

1. The business will need to have more storage space
2. High amounts of cash tied up in stock
3. The business will benefit from bulk-buy-discounts

What are the three factors affecting the choice of suppliers?

1. Cost, Delivery time , Reliability
2. Cost, Quality, Reliability
3. Profit margin, Quality, Trust
4. Price, Time, Reliability