Influences of Globalisation and Technology on Operations
Quiz by Riley Dowd
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- Q1
What is the correct definition of globalisation?
The removal of barriers of trade between nations.
The installation of barriers of trade between nations
The removal of FOP transfers between nations.
The design, construction and/or application of innovative devices upon operation processes.
30s - Q2
Which of the following is NOT an advantage of globalisation
Supply chains are more susceptible to operation disruptions if blockages occur.
Global consumers seek global brands and tend to purchase standardised products.
Provides a source of market opportunities to and from nations
Allows for lower per unit costs - achieving economies of scale.
30s - Q3
How does AON achieve globalisation?
Operations are able to standardise many 'back-end' processes
The business offers a niche insurance service
Operating globally in different countries
They are partnered with the globally recognised sports club, Manchester United
30s - Q4
Recall the Factors of Production.
Machinery, Enterprise, Land, Human Resources
Land, Labour, Capital, Enterprise
Capital, Labour, Endeavour, Land,
Resources, Labour, Enterprise, Capital
30s - Q5
What is the correct definition of technology in business?
The process by which businesses or other organisations develop international influence or start operating on an international scale.
Technology in business refers to the tools, techniques, and systems that are used to improve and automate various business processes.
Refers to how a business appears online; it's what people find when they search for your business or company on the internet.
Technology is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment.
30s - Q6
Q.Which of the following are NOT advantages of implementing technology in business
Boosts organisational productivity
Increased dependency on technology
Enables businesses to conduct processes, engage with markets and improve productivity
Improve security
30s - Q7
Q.Which of the following IS an advantage of technology in business
Increased efficiency
Technology distractions can affect productivity
Increase in possible Nefarious Activity
Expensive technologies
30s