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. What is the primary objective of operations management? Reduce costs Improve productivity Deliver customer value Increase market share None 2. Which of the following is a key function of inventory management? Marketing Forecasting Procurement Storage None 3. Which inventory model assumes a constant demand rate? ABC model EOQ model JIT model MRP model None 4. Which layout is best suited for mass production? Process layout Product layout Cellular layout Fixed-position layout None 5. What does the ‘P’ in PDCA Cycle stand for? Plan Process Prepare Perform None 6. Kaizen is a Japanese term meaning: Just-in-Time Continuous Improvement Problem Solving Elimination of Waste None 7. Which of the following tools is used for quality control? Gantt Chart Pareto Chart Fishbone Diagram Both b and c None 8. What is the critical path in project management? The shortest path The path with maximum slack The longest path with zero slack None of the above None 9. The term "Six Sigma" represents: A production method A quality control method to reduce defects A type of layout An inventory technique None 10. The vision of a company defines: Goals for the next year The future aspirations The product mix None of the above None 11. Porter's Five Forces model is used to analyze: Industry competition Product development Organizational structure Marketing strategies None 12. SWOT analysis stands for: Strengths, Weaknesses, Opportunities, Threats Strategy, Work, Objectives, Timelines Skills, Workforce, Outputs, Training Systematic, Wide, Objective, Tactics None 13. What is a core competency? A unique resource or capability A financial strategy A marketing campaign A type of competition None 14. A growth strategy involving entry into a new market is known as: Market penetration Market development Diversification Product development None 15. The BCG matrix classifies products based on: Revenue and profits Market growth and market share Costs and benefits Risks and returns None 16. A cost leadership strategy focuses on: High-quality products Low-cost production Customer service Innovation None 17. Which of the following is an example of backward integration? Acquiring a distributor Acquiring a supplier Expanding product lines Increasing production None 18. The balanced scorecard focuses on: Financial metrics only Non-financial metrics only Both financial and non-financial metrics Historical data None 19. Which strategy involves creating a unique product or service? Differentiation strategy Focus strategy Cost leadership strategy Retrenchment strategy None 20. In operations, takt time refers to: Total production time Customer demand rate Equipment utilization rate Maintenance schedules None 21. What does ERP stand for in operations management? Enterprise Resource Planning Employee Retention Program Economic Resource Projection Enterprise Risk Prevention None 22. Strategic alliances are formed to: Acquire competitors Increase market share Share resources and capabilities Avoid competition None 23. A Gantt chart is used for: Forecasting demand Managing budgets Scheduling projects Measuring performance None 24. In strategic management, 'blue ocean' strategy refers to: Competing in an existing market Creating a new market space Reducing competition Focused cost leadership None 25. Which of the following is NOT a competitive advantage? Lower production costs Superior quality Limited market presence Strong brand loyalty None 26. What is a key feature of lean manufacturing? High inventory levels Waste elimination Long production cycles Extensive rework None 27. Scenario planning is a tool for: Forecasting future demand Evaluating financial performance Preparing for uncertainties Designing operational layouts None 28. The process of comparing performance with industry leaders is known as: Outsourcing Benchmarking Competitor analysis Gap analysis None 29. Which strategy involves reducing the scope of operations? Expansion strategy Retrenchment strategy Stability strategy Diversification strategy None 30. Kanban system is used in: Project management Just-in-Time production Financial planning Marketing strategy None 31. PESTLE analysis does NOT include: Political factors Environmental factors Technological factors Leadership factors None 32. Which of the following is a financial strategy? Cost leadership Dividend policy Core competency Differentiation None 33. Operational efficiency aims to: Improve employee morale Minimize input for desired output Increase marketing efforts Expand geographical reach None 34. The primary focus of strategic management is: Short-term goals Long-term objectives Operational efficiency Cost reduction None 35. Which of the following is NOT a factor in facility location selection? Proximity to suppliers Climate conditions Political stability Branding strategy None 36. Which production system is most suitable for custom products? Batch production Job shop production Mass production Continuous production None 37. What does TPM stand for in operations management? Total Performance Management Total Preventive Maintenance Total Productivity Management Total Productive Maintenance None 38. Which inventory classification method focuses on high-value items? FIFO LIFO ABC analysis EOQ None 39. The term ‘cycle time’ refers to: Total production time in a day Time taken to complete one unit Time required for equipment maintenance Time spent in scheduling production None 40. In a Gantt chart, the horizontal axis represents: Cost Time Resources Processes 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!
