Which of the Following Is Not a Key Activity of an Operations

question 16

Multiple Choice

Which of the following is not a key activity of an operations manager?

• A)translating market knowledge into goods, services, and processes
• B)continually learning and adapting to global and environmental changes
• C)managing cash flows and strategic investments
• D)exploiting technology to improve productivity

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Definitions:

Business Partners

Individuals or entities that collaborate with one another in business endeavors, sharing responsibilities and benefits.

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.

Losses

Reductions in asset value, profit, or revenue, often indicative of a company's underperformance or adverse events.

Sole Proprietorship

A form of business in which an individual pursues business for a profit.