Welcome to your International Navodaya Chamber of Commerce (INCOC) Platform ! Subject: Operations Management & Strategic Management Total Number of Question: 40 Time: 41 Minutes Please check your email after completion of test for result. All the best... Name Phone No Email Area Pin Code 1. Which inventory system aims to reduce inventory levels by producing only what is needed? JIT (Just-in-Time) EOQ (Economic Order Quantity) ABC analysis Perpetual inventory system None 2. What is the primary goal of capacity planning? Maximize profits Align production capacity with demand Reduce operational costs Increase workforce productivity None 3. In lean manufacturing, 'Muda' refers to: Flexibility in operations Waste elimination Increasing productivity Optimizing workflows None 4. What is the primary objective of line-of-balance scheduling? Maximize resource allocation Optimize project scheduling Ensure smooth workflow in repetitive tasks Minimize costs None 5. Which chart is used to monitor process variation over time? Gantt chart Histogram Control chart Pareto chart None 6. What does the term "lead time" represent in supply chain management? Time between order placement and delivery Production time for a unit Time required for inventory turnover Employee training duration None 7. Which method is most effective for forecasting short-term demand? Regression analysis Moving average Delphi method Market surveys None 8. In operations, a "bottleneck" is A task with excessive resources The slowest process in the system An unnecessary process A task that requires no supervision None 9. The primary goal of TPM (Total Productive Maintenance) is to: Maximize machine uptime Improve marketing strategies Optimize financial management Streamline recruitment processes None 10. Which layout is best for high-variety, low-volume production? Product layout Process layout Fixed-position layout Hybrid layout None 11. Which strategy involves increasing sales in existing markets? Market penetration Product development Market development Diversification None 12. What does the 'S' in SWOT analysis stand for? Stability Strengths Strategies Systems None 13. Which of the following is an external factor in a PESTLE analysis? Corporate culture Supplier power Political regulations Employee skills None 14. What is a “dog” in the BCG matrix? High market share, high growth Low market share, low growth Low market share, high growth High market share, low growth None 15. A growth strategy focusing on unrelated markets is called: Concentric diversification Conglomerate diversification Market penetration Product development None 16. Which analysis identifies how a company creates value for its customers? PESTLE analysis Porter’s Five Forces Value chain analysis Benchmarking None 17. Strategic objectives are primarily aimed at: Increasing daily operational efficiency Enhancing long-term organizational goals Reducing short-term costs Improving recruitment strategies None 18. What does "first-mover advantage" imply? Entering a market early and gaining a competitive edge Being the first to implement cost control measures Leading in employee retention Innovating internal processes None 19. Which of the following is NOT part of strategic management? Strategy formulation Strategy implementation Strategy evaluation Day-to-day operational decisions None 20. In Porter’s Five Forces model, high buyer power exists when: Buyers are few and purchase in bulk Suppliers are large and dominant Buyers incur high switching costs Substitute products are unavailable None 21. Which inventory classification method is based on consumption value? FIFO ABC analysis LIFO JIT None 22. What does EOQ minimize? Total inventory cost Stockout risk Order lead time Employee workload None 23. Which strategy involves maintaining current operations without expansion? Retrenchment Stability strategy Diversification Market penetration None 24. What is the purpose of "benchmarking"? Compare performance with competitors or best practices Measure inventory levels Improve employee satisfaction Forecast customer demand None 25. Which tool identifies potential risks in a process? Histogram Fishbone diagram Gantt chart Scatter plot None 26. What is the focus of TQM (Total Quality Management)? Financial performance Customer satisfaction and continuous improvement Market expansion Employee recruitment None 27. Which growth strategy involves entering a new market with existing products? Market penetration Market development Product development Diversification None 28. The balanced scorecard framework includes: Financial, operational, and market metrics Financial, customer, internal processes, and learning & growth perspectives Employee satisfaction and customer loyalty Market trends and SWOT analysis None 29. What is the focus of a differentiation strategy? Low-cost production Unique value creation Increasing workforce Inventory management None 30. Kaizen focuses on: Rapid changes Continuous small improvements Financial restructuring Marketing expansion None 31. Which layout is used for projects like shipbuilding? Process layout Product layout Fixed-position layout Cellular layout None 32. The purpose of capacity utilization measurement is to: Maximize output Determine production efficiency Increase workforce engagement Eliminate bottlenecks None 33. Which analysis is focused on external opportunities and threats? SWOT analysis PESTLE analysis Gap analysis Cost-benefit analysis None 34. A retrenchment strategy is aimed at: Business expansion Reducing business scope Diversification of operations Increasing market penetration None 35. What does the critical path in project management determine? Maximum cost Minimum time to complete the project Equipment requirements Staff efficiency None 36. Which factor increases supplier power in Porter's model? High competition among suppliers High dependence on suppliers Low switching costs for buyers High number of suppliers None 37. The primary purpose of strategic alignment is to: Match daily activities with corporate strategy Expand into global markets Reduce employee turnover Minimize operational risks None 38. Which method is used for forecasting in uncertain environments? Moving averages Delphi method Regression analysis Linear programming None 39. The concept of "core competency" focuses on: Unique capabilities giving a competitive edge Low-cost leadership strategies Short-term financial goals Expansion into new markets None 40. In operations, takt time is calculated as: Available time ÷ Customer demand Customer demand ÷ Available time Units produced ÷ Production time Total inventory ÷ Lead time None 1 out of 4 Great job on taking the INCOC Test! We appreciate your interest in test. Look out for results and future opportunities. Stay Connected !! Your quiz time is about to finish. Few seconds left. Time's upYou cannot switch tabs while taking this quiz!You are not allowed to switch tabs violation has been recorded.you cannot minimize full screen mode!You are not allowed to minimize full screen while taking this quiz, violation has been recorded.Access denied! To begin the quiz, please grant this quiz access to your camera.Time is Up!Time is Up!
