82.8k views
2 votes
what is an example of a process considered by operational planning? multiple choice question. intellectual capital production runs corporate turnaround global diversification

1 Answer

2 votes

Final answer:

A production run is an example of a process considered by operational planning, involving the determination of output quantities and product types to optimize efficiency and align with market demand.

Step-by-step explanation:

The question is seeking an example of a process that would be part of operational planning in the context of business management and strategy. Operational planning involves making detailed decisions and actions that contribute to the day-to-day functioning and efficiency of a business. Production runs are a fundamental aspect of operational planning because they involve determining how much output a firm should produce, which is critical to align with demand and optimize resource utilization.

A production run refers to the process of producing a set number of units of a product within a specified period. Decisions such as what products to produce, selecting the appropriate production process, determining output quantities, setting product prices, and deciding on the amount of labor to use are all factors that make up the strategic and operational planning within a firm. These decisions depend on production and cost conditions facing the firm as well as the market structure for the product(s).

An example of a production run in the context of a pizzeria would involve deciding the quantity of pizzas to make, the type of pizzas based on customer preferences, quantity of ingredients required, and the number of staff needed for a particular shift.

User Taralex
by
8.3k points