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 of the following tools is most commonly used for bottleneck analysis? Pareto Chart Gantt Chart Process Flow Diagram Ishikawa Diagram None 2. What is the main objective of line balancing in production? Minimize defects Equalize workload among stations Reduce inventory levels Increase equipment utilization None 3. What is the key feature of cellular manufacturing? Production in functional layouts Machines grouped by similar processes Machines organized into cells for a product family Linear flow of production None 4. What does OEE stand for in operations management? Overall Efficiency Evaluation Operational Equipment Effectiveness Overall Equipment Effectiveness Operational Efficiency Evaluation None 5. Which of the following inventory management techniques focuses on high-cost items? EOQ ABC analysis JIT Perpetual inventory system None 6. What does the term "buffer stock" mean? Overstocked inventory Extra inventory to avoid stockouts Minimum inventory level Safety stock for emergencies None 7. Which of the following is a quantitative approach to forecasting? Expert opinion Time series analysis Market research Focus group discussion None 8. Kanban systems are primarily used for: Quality control Production scheduling Demand forecasting Inventory replenishment None 9. Which maintenance strategy is based on predicting failures before they occur? Preventive maintenance Predictive maintenance Corrective maintenance Reactive maintenance None 10. The primary goal of Total Productive Maintenance (TPM) is to: Reduce employee turnover Eliminate equipment downtime Increase production speed Improve material handling None 11. The process of breaking a business strategy into functional activities is known as: Strategic planning Functional strategy formulation Strategy implementation Tactical management None 12. The term “organizational fit” refers to: Compatibility of strategy with resources and capabilities Alignment between employees and management Relationship between departments Synchronization of organizational goals None 13. Which strategy is characterized by offering products at a lower price than competitors? Differentiation strategy Cost leadership strategy Focus strategy Diversification strategy None 14. What is a “cash cow” in the BCG matrix? High market share, low growth product High market share, high growth product Low market share, high growth product Low market share, low growth None 15. The purpose of strategic intent is to: Focus on short-term goals Set a clear vision for long-term direction Improve operational efficiency Achieve maximum profitability None 16. Porter’s Five Forces model does NOT include: Threat of new entrants Bargaining power of suppliers Organizational culture Threat of substitutes None 17. Which type of diversification involves entry into unrelated businesses? Horizontal diversification Vertical diversification Concentric diversification Conglomerate diversification None 18. Strategic control involves: Monitoring operational tasks Evaluating strategic plans and performance Assigning daily responsibilities Developing short-term goals None 19. Which of the following is a corporate strategy? Market penetration Product differentiation Business diversification Cost reduction None 20. What is the main goal of the PESTLE analysis? Assess internal strengths Evaluate external environmental factors Analyze industry competition Determine financial performance None 21. What is the primary focus of "lean thinking"? Improving customer service Reducing waste in processes Increasing profitability Expanding market share None 22. What is a "lagging indicator" in performance measurement? A metric that predicts future trends A measure of past performance A short-term operational measure A measure of employee morale None 23. Which strategy involves cutting back on unprofitable operations? Growth strategy Retrenchment strategy Stability strategy Expansion strategy None 24. In value chain analysis, which activity is NOT a primary activity? Inbound logistics Marketing and sales Procurement Operations None 25. The “Blue Ocean” strategy focuses on: Competing in an existing market Creating uncontested market space Reducing operational costs Expanding existing markets None 26. In operations, which of the following is NOT an input? Raw materials Labor Finished goods Machinery None 27. Which decision is considered strategic? Daily staffing schedules Market entry for a new product Monthly sales targets Routine supplier payments None 28. Operational excellence is achieved by focusing on: Customer satisfaction Product diversification Efficiency and cost control Market expansion None 29. Which metric is most important for assessing supply chain performance? Profit margin Inventory turnover Customer reviews Employee satisfaction None 30. What is the primary purpose of critical path analysis? Reduce project costs Identify project risks Determine the longest sequence of tasks Increase resource utilization None 31. Which of the following is NOT a feature of Total Quality Management (TQM)? Customer focus Continuous improvement Reduced employee involvement Process-based approach None 32. What is the role of "feedback" in the strategic management process? Monitoring performance and making adjustments Identifying short-term goals Determining operational tasks Forecasting market trends None 33. A hybrid strategy combines: Cost leadership and focus strategy Differentiation and cost leadership strategy Market penetration and product development Horizontal and vertical integration None 34. What is the key feature of business process reengineering (BPR)? Incremental improvements Fundamental redesign of processes Expanding product lines Market analysis None 35. SWOT analysis includes: Systems, Weaknesses, Objectives, Technology Strengths, Weaknesses, Opportunities, Threats Strategies, Workforce, Opportunities, Techniques Sustainability, Worth, Objectives, Tactics None 36. Scenario planning helps organizations: Handle future uncertainties Increase operational efficiency Reduce inventory costs Improve employee performance None 37. Which term refers to a company's ability to sustain its competitive edge? Core competency Sustainable competitive advantage Operational efficiency Market dominance None 38. Which activity involves identifying threats and opportunities in the environment? Internal analysis Environmental scanning Benchmarking Gap analysis None 39. A strategy focusing on increasing market share in existing markets is called: Market penetration Market development Product development Diversification None 40. Which concept involves aligning resources with strategic goals? Operational planning Strategic alignment Cost reduction Core competency 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. 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