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Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Customisation, flexibility, profit, quality (D) Choice, customisation, dependability, profit - HSC - SSCE Business Studies - Question 5 - 2014 - Paper 1
Question 5
Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Cust... show full transcript
Worked Solution & Example Answer:Which of the following are all examples of operations performance objectives? (A) Choice, flexibility, profit, speed (B) Cost, dependability, quality, speed (C) Customisation, flexibility, profit, quality (D) Choice, customisation, dependability, profit - HSC - SSCE Business Studies - Question 5 - 2014 - Paper 1
Step 1
Identify the correct option
Answer
To determine which of the options are examples of operations performance objectives, we must review each option and check if they align with widely recognized performance objectives in operations management. The known objectives include cost, quality, dependability, speed, and flexibility.
- Option A: Choice, flexibility, profit, speed - Profit is not a performance objective.
- Option B: Cost, dependability, quality, speed - All elements in this option are recognized performance objectives.
- Option C: Customisation, flexibility, profit, quality - Profit is not a performance objective.
- Option D: Choice, customisation, dependability, profit - Again, profit is not a performance objective.
Thus, the correct answer is (B) Cost, dependability, quality, speed.