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 State 1. Which of the following is the primary objective of production scheduling? Maximizing labor costs Minimizing inventory levels Ensuring timely completion of tasks Increasing idle time None 2. Which of the following production systems is characterized by a fixed sequence of activities? Job Shop Batch Production Assembly Line Project Production None 3. Which of the following inventory management techniques categorizes inventory based on its consumption value? ABC Analysis JIT EOQ Model MRP None 4. Which of the following is a key benefit of flexible manufacturing systems (FMS)? Low investment cost o Inflexible production capacity Ability to handle variety in products Limited product customization None 5. Which type of process layout is ideal for a job shop? Product Layout Fixed Position Layout Cellular Layout Process Layout None 6. In operations management, "Kaizen" means: Waste reduction Just-in-time inventory Continuous improvement Product quality control None 7. What does a fishbone diagram help with in operations management? Inventory control Root cause analysis Sales forecasting Layout planning None 8. Which of the following is a benefit of adopting the Just-in-Time (JIT) approach? Increased lead time Decreased quality Reduced inventory holding costs Increased buffer stock None 9. Which term refers to the percentage of time a machine is used compared to its available time? Machine Efficiency Utilization Rate Idle Time Ratio Capacity Utilization None 10. In which type of production system is the work done on a product at a single fixed location? Batch Production Job Shop Fixed Position Layout Product Layout None 11. Which of the following is the primary focus of Statistical Process Control (SPC)? Scheduling machine maintenance Reducing employee turnover Monitoring and controlling quality Improving marketing efficiency None 12. What is the key advantage of a cellular manufacturing system? Increased production lead time Reduced material movement Increased equipment costs Reduced workforce involvement None 13. Which type of inventory system maintains a continuous count of inventory levels? Periodic System Perpetual System Fixed Order System Manual System None 14. In lean manufacturing, which of the following terms describes activities that add no value to the product? Value-Added Activities Waste Process Value Inventory Contro None 15. The purpose of Poka-Yoke in lean production is to: Increase batch size Prevent defects from occurring Implement automated systems Increase inventory levels None 16. Which of the following is the term for reducing the time taken to switch from one product to another in manufacturing? Cycle Time Reduction Set-up Time Reduction Lead Time Minimization Idle Time Management None 17. What is meant by "cycle time" in production? The time taken to manufacture a batch of products The time between two successive outputs The total time taken for quality inspection The time a machine remains idle None 18. Which of the following scheduling techniques is used to determine the critical path in a project? PERT Gantt Chart EOQ ABC Analysis None 19. Which of the following refers to the process of locating bottlenecks in production? Line Balancing Bottleneck Analysis Load Leveling Layout Planning None 20. Which of the following is a type of growth strategy that involves adding new but related products? Diversification Market Penetration Product Development Retrenchment None 21. Which of the following is a major component of strategic management? Budget Control Operational Planning Strategy Implementation Employee Training None 22. Which strategy in the Ansoff Matrix involves selling existing products in new markets? Market Penetration Market Development Product Development Diversification None 23. What type of strategy is used when a company decides to exit from a particular business unit or market? Growth Strategy Retrenchment Strategy Diversification Strategy Stability Strategy None 24. Porter's Five Forces model does not include: Threat of substitutes Bargaining power of buyers Product innovation Rivalry among competitor None 25. Which of the following represents the key purpose of a mission statement? To define the organization's purpose and core activities To predict financial outcomes To detail employee compensation To outline marketing campaigns None 26. What does "first-mover advantage" mean in strategic management? Being the first to lower prices Being the first to enter a market and establish a brand Having the lowest costs in an industry Developing new HR policies None 27. Which of the following tools is used for assessing industry attractiveness and competitive position? SWOT Analysis BCG Matrix Porter's Five Forces Break-even Analysis None 28. Which of the following strategies focuses on competing within a narrow market segment? Cost Leadership Differentiation Focus Diversification None 29. A "star" in the BCG Matrix represents a product with: High market share in a low-growth market Low market share in a high-growth market High market share in a high-growth market Low market share in a low-growth market None 30. Which of the following statements is true of vertical integration? It involves acquiring competitors It refers to acquiring suppliers or distributors It focuses on creating unrelated products It targets unrelated markets None 31. Which of the following strategic options involves reducing organizational scope by eliminating unprofitable areas? Growth Strategy Stability Strategy Divestment Strategy Integration Strategy None 32. Which of the following best describes the role of a strategic business unit (SBU)? It is a unit responsible for marketing activities It acts as an autonomous entity responsible for strategic planning It manages human resources within the organization It focuses only on research and developme None 33. Which strategic framework helps a company decide whether to build, hold, harvest, or divest SBUs? SWOT Analysis BCG Matrix Porter's Value Chain PESTLE Analys None 34. The balanced scorecard is used to measure performance from all of the following perspectives except: Financial Customer Operational Competitive forces None 35. Which growth strategy in Ansoff’s matrix involves creating new products for new markets? Market Penetration Product Development Diversification Market Development None 36. What is the primary focus of Porter's differentiation strategy? Offering the lowest prices Providing unique products or services Maximizing production capacity Acquiring competitors None 37. Which of the following describes a "conglomerate diversification" strategy? Developing new, related products Entering into unrelated industries Expanding into new geographic regions Acquiring competitors None 38. Which analysis tool is used to identify internal capabilities and external opportunities? BCG Matrix SWOT Analysis PESTLE Analysis Value Chain Analysis None 39. In strategic management, a "core competency" refers to: A company's ability to reduce costs A unique strength that provides competitive advantage An organization's financial capability The size of a company’s customer base None 40. Which of the following is true about preventive maintenance? It is performed after a machine fails It increases machine reliability by servicing regularly It is used only for office equipment It is unplanned and sudden 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!
