Question

Which of the following are part of the Ten Critical Decisions of Operations Management?

I. Design of goods and services
II. Managing Quality
III. Layout Strategy
IV. Marketing
V. Pricing of Goods and Services
A) I,II,V
B) I,II,IV
C) II,III,V
D) I,II,III
E) All of the above

Answer 1

The correct answer to the question is D) I, II, III, which consists of the design of goods and services, managing quality, and layout strategy, as these are directly related to the production and operations aspect of a business.

Step-by-step explanation:

The Ten Critical Decisions of Operations Management involve choices that are crucial to the design and management of the production process of goods and services. These decisions span multiple areas of a business's operational functions.

Among the options provided, the parts of the Ten Critical Decisions include Design of goods and services (I), Managing Quality (II), and Layout Strategy (III). Marketing (IV) and Pricing of Goods and Services (V) are important business activities, but they are typically not classified under the framework of operations management decisions.