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 type of layout is used for projects requiring one-time or large-scale production? Process layout Fixed-position layout Product layout Cellular layout None 2. What does "productivity" measure in operations management? Efficiency of marketing strategies Ratio of output to input Employee retention rate Profit margin percentage None 3. Which of the following is an input for Material Requirements Planning (MRP)? Demand forecast Equipment availability Supplier database Financial performance reports None 4. What is the main objective of value stream mapping? Reduce costs Identify and eliminate waste Improve supplier relationships Expand market share None 5. What is the formula for Break-even Point in units? Fixed Costs ÷ (Selling Price - Variable Cost) Variable Costs ÷ Fixed Costs Fixed Costs × Selling Price Total Costs ÷ Sales Volume None 6. Which tool helps to prioritize improvement efforts by identifying the most significant factors? Gantt chart Ishikawa diagram Pareto chart Control chart None 7. Which inventory control technique operates on the principle of "pull"? EOQ JIT ABC analysis MRP None 8. What is the primary function of operations scheduling? Reduce inventory levels Optimize the use of resources and time Improve quality assurance Increase employee motivation None 9. The primary focus of Six Sigma is to: Minimize production time Eliminate defects Reduce marketing costs Improve employee training None 10. In a fishbone diagram, which category would "operator error" fall under? Methods People Materials Machines None 11. Which of the following strategies focuses on entering new markets with existing products? Market penetration Market development Product development Diversification None 12. What does the "O" in SWOT analysis stand for? Opportunities Operations Objectives Organizational goals None 13. Which strategic tool is used to analyze the competitive forces within an industry? BCG matrix Porter’s Five Forces Value chain analysis PESTLE analysis None 14. In strategic management, "core competencies" refer to: Temporary competitive advantages Unique skills and resources of the company Diversified market opportunities Long-term financial strategies None 15. Which growth strategy involves introducing new products to existing markets? Market development Product development Market penetration Diversification None 16. What does a "question mark" in the BCG matrix signify? Low growth, high market share High growth, low market share High growth, high market share Low growth, low market share None 17. The balanced scorecard measures performance in all of the following areas EXCEPT: Customer perspective Financial perspective Innovation perspective External competition perspective None 18. Which of the following is NOT part of a PESTLE analysis? Economic factors Technological factors Leadership factors Social factors None 19. A strategy involving the acquisition of suppliers is known as: Horizontal integration Backward integration Vertical integration Forward integration None 20. Which of the following is a primary purpose of a mission statement? Describe short-term objectives Define the core purpose of the organization Measure financial success Set departmental goals None 21. Which maintenance strategy is proactive? Predictive maintenance Reactive maintenance Corrective maintenance Emergency maintenance None 22. What does "takt time" help determine? Maintenance intervals Production speed to meet demand Safety stock levels Total employee productivity None 23. The primary focus of operational control is: Aligning tasks with strategic goals Monitoring day-to-day activities Developing new markets Improving financial management None 24. Which concept involves creating uncontested market space? Red Ocean strategy Blue Ocean strategy Value chain strategy Differentiation strategy None 25. What is the critical path in project management? The sequence of tasks with zero slack The shortest path through the project The most expensive path The path with the least resources None 26. Which of the following is an example of concentric diversification? A food company entering the apparel industry A beverage company launching a new energy drink A retailer acquiring a supplier A manufacturer opening new retail outlets None 27. Which term refers to activities that add value to a product? Core competencies Value chain activities Market strategies Operational goals None 28. The Ansoff Matrix is primarily used for: Analyzing competitive advantage Developing growth strategies Identifying industry threats Evaluating customer satisfaction None 29. What is the primary purpose of benchmarking? Forecasting future demand Comparing performance against industry leaders Evaluating financial performance Developing marketing strategies None 30. Kaizen is a Japanese term meaning: Innovation Continuous improvement Operational excellence Cost efficiency None 31. Which system schedules production activities backward from the due date? Kanban system Forward scheduling Backward scheduling Push system None 32. Which tool is commonly used in project management for scheduling? Control chart Gantt chart Ishikawa diagram Pareto chart None 33. What is the focus of stability strategies in strategic management? Expanding market share Maintaining current operations Reducing workforce Acquiring competitors None 34. In supply chain management, "logistics" refers to: Financial analysis of production costs Movement and storage of goods Employee training programs Benchmarking supplier performance None 35. Which growth strategy involves launching new products in new markets? Diversification Market penetration Product development Market development None 36. Which of the following is a leading indicator in performance management? Customer complaints Employee turnover rate Production cycle time Net profit margin None 37. The primary objective of Total Quality Management (TQM) is: Improving customer satisfaction Increasing product variety Reducing employee turnover Expanding market share None 38. Which layout type is typically used for hospitals? Product layout Process layout Fixed-position layout Cellular layout None 39. What is the main purpose of strategic control? Adjust strategies to meet objectives Monitor operational activities Develop new marketing campaigns Forecast future profits None 40. Which tool identifies the root cause of a problem? Pareto chart Ishikawa diagram Control chart Gantt chart 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!
