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 is NOT a characteristic of lean production? Just-in-Time inventory Reduced setup times Increased waste Continuous improvement None 2. What is the primary goal of aggregate planning? Optimize inventory turnover Match supply with demand Improve employee productivity Reduce lead None 3. Which scheduling method focuses on the earliest start time of activities? Backward scheduling Forward scheduling Kanban scheduling Push scheduling None 4. In EOQ, the cost of placing an order is known as: Holding cost Ordering cost Carrying cost Setup cost None 5. Which of the following is a disadvantage of a process layout? High flexibility Low volume production High material handling cost Streamlined workflow None 6. What is the main advantage of cellular manufacturing? Lower training costs Reduced setup times Higher inventory levels Increased defect rates None 7. The purpose of Kanban is to: Control production Improve marketing strategies Increase market share Reduce financial risk None 8. Which type of layout is used for producing similar products in batches? Process layout Product layout Fixed-position layout Batch layout None 9. The Theory of Constraints (TOC) focuses on: Reducing inventory levels Identifying and managing bottlenecks Increasing production speed Improving customer relationships None 10. Which of the following is a waste identified in lean manufacturing? Transportation Quality control Employee training Machine upgrades None 11. The concept of "Strategic Fit" refers to: Aligning resources with external opportunities Creating market dominance Developing financial strategies Expanding product lines None 12. Which of the following is a retrenchment strategy? Expansion Divestment Diversification Market penetration None 13. The GE-McKinsey Matrix evaluates business units based on: Market growth and competitive strength Financial returns and market share Product quality and customer satisfaction Risk analysis and industry trends None 14. Which of the following is an example of a differentiation strategy? Offering a low-cost product Providing a unique feature or service Reducing operational costs Increasing production volume None 15. What does "strategic intent" emphasize? Day-to-day operations The organization's vision and goals Financial risk management Tactical planning None 16. A "cash cow" in the BCG Matrix indicates: High market growth, high market share Low market growth, high market share Low market growth, low market share High market growth, low market share None 17. Which of the following is a feature of vertical integration? Expanding into unrelated industries Acquiring suppliers or distributors Increasing market segmentation Diversifying product offerings None 18. The Blue Ocean strategy focuses on: Competing in existing markets Creating new markets Reducing market risks Minimizing operational costs None 19. What is a strategic alliance? Merging with a competitor Partnership to achieve mutual goals Selling off unprofitable divisions Acquiring a supplier or distributor None 20. The purpose of a vision statement is to: Describe future aspirations of the organization Set short-term financial objectives Define customer satisfaction strategies Focus on daily operations None 21. Which inventory system ensures the availability of raw materials exactly when needed? JIT ABC analysis Perpetual system Fixed-order system None 22. What is the main benefit of using a control chart? Track project timelines Monitor process stability Identify market trends Optimize financial performance None 23. The Delphi method is best used for: Forecasting in uncertain environments Reducing operational costs Setting short-term goals Managing inventory None 24. Which strategic management process step involves monitoring and adapting strategies? Strategy formulation Strategy evaluation Goal setting Environmental analysis None 25. The balanced scorecard evaluates performance across: Financial, customer, internal processes, learning & growth Market share, revenue, and risk Employee satisfaction, training, and turnover Operational efficiency and defect rates None 26. In operations, takt time ensures: Reduced defect rates Production matches demand Improved workforce morale Minimized financial risks None 27. A retrenchment strategy is commonly associated with: Market development Divestment of underperforming units Increasing production capacity Launching new products None 28. Which of the following measures project duration? Gantt chart Critical Path Method (CPM) Ishikawa diagram Kanban board None 29. What is the focus of a market penetration strategy? Expanding product lines Increasing sales in existing markets Entering new markets Diversifying into unrelated products None 30. The primary objective of Total Productive Maintenance (TPM) is to: Increase machine efficiency Reduce employee training costs Improve supplier relationships Enhance product quality None 31. Which growth strategy is least risky? Market penetration Diversification Product development Market development None 32. The focus of operational efficiency is to: Reduce costs and improve output quality Increase market share Launch new products quickly Enhance employee satisfaction None 33. Which inventory method categorizes items by usage value? EOQ ABC analysis LIFO FIFO None 34. Which type of layout is used for a high variety of low-volume production? Product layout Process layout Cellular layout Fixed-position layout None 35. What does environmental scanning involve? Monitoring external opportunities and threats Tracking internal employee performance Analyzing customer reviews Identifying inventory discrepancies None 36. The primary goal of Six Sigma is: Reduce defects to near perfection Maximize production capacity Enhance supplier relationships Lower employee turnover None 37. What is the key feature of benchmarking? Comparing with best practices or industry leaders Forecasting sales performance Measuring employee satisfaction Analyzing market competition None 38. What does a fishbone diagram identify? Root causes of a problem Inventory levels Employee training needs Customer satisfaction trends None 39. Which of the following is a secondary activity in the value chain? Marketing and sales Procurement Operations Outbound logistics None 40. What does EOQ help minimize? Total inventory costs Employee turnover Project timelines Supplier lead times 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!
