WGU C720 Operations and Supply Chain
Management | PASSED ATTEMPT 1 | 2026
UPDATE | QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTION!!
Operations Management - ANSWERS-The multidisciplinary science that
organizations use to acquire inputs (people, capital, material, or
energy and transform them into outputs (products and/or services)
that ultimately provide value to the end customer
Organizational Structure - ANSWERS-The infrastructure of formal
relationships among different functions or subsystems, such as
marketing, finance, and operations
Relative Advantage - ANSWERS-The difference between the lowest cost
producer and the next lower cost producer
Ethics - ANSWERS-A sense of what is right and what is wrong that
guide behavior
Sustainability - ANSWERS-Reflects the efforts organizations are
expected to make to balance their interconnected obligations to
economic viability, the societies in which they operate, and the natural
environment
, Competitive Advantage - ANSWERS-A capability that customers value,
such as short delivery lead-time or high product quality that gives an
organization an edge against its competition
Market Share - ANSWERS-A company's sales divided by the sales of all
companies in its industry
Product Development - ANSWERS-A teamwork oriented process that
begins with the organization's strategy and analysis of the markets as
inputs
Supply Chain - ANSWERS-Commonly used to refer to the network of
organizations that participate in producing goods or producing
services
Focal Firm - ANSWERS-Directs the flow of information much like a
conductor coordinates the activities of an orchestra
Vertical Intergration - ANSWERS-Owning multiple assets in a supply
chain
Logistics - ANSWERS-Managing the movement of materials,
components, and information from point to point in the supply chain
Biggest difference between Service Providers and Goods Producers -
ANSWERS-A good is tangible and a service is not
Resources - ANSWERS-People, Capital, and Materials
Management | PASSED ATTEMPT 1 | 2026
UPDATE | QUESTIONS AND ANSWERS
WITH COMPLETE SOLUTION!!
Operations Management - ANSWERS-The multidisciplinary science that
organizations use to acquire inputs (people, capital, material, or
energy and transform them into outputs (products and/or services)
that ultimately provide value to the end customer
Organizational Structure - ANSWERS-The infrastructure of formal
relationships among different functions or subsystems, such as
marketing, finance, and operations
Relative Advantage - ANSWERS-The difference between the lowest cost
producer and the next lower cost producer
Ethics - ANSWERS-A sense of what is right and what is wrong that
guide behavior
Sustainability - ANSWERS-Reflects the efforts organizations are
expected to make to balance their interconnected obligations to
economic viability, the societies in which they operate, and the natural
environment
, Competitive Advantage - ANSWERS-A capability that customers value,
such as short delivery lead-time or high product quality that gives an
organization an edge against its competition
Market Share - ANSWERS-A company's sales divided by the sales of all
companies in its industry
Product Development - ANSWERS-A teamwork oriented process that
begins with the organization's strategy and analysis of the markets as
inputs
Supply Chain - ANSWERS-Commonly used to refer to the network of
organizations that participate in producing goods or producing
services
Focal Firm - ANSWERS-Directs the flow of information much like a
conductor coordinates the activities of an orchestra
Vertical Intergration - ANSWERS-Owning multiple assets in a supply
chain
Logistics - ANSWERS-Managing the movement of materials,
components, and information from point to point in the supply chain
Biggest difference between Service Providers and Goods Producers -
ANSWERS-A good is tangible and a service is not
Resources - ANSWERS-People, Capital, and Materials
