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MGT 366 - Exam 1 - Terms UPDATED ACTUAL Questions And Correct Answers

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MGT 366 - Exam 1 - Terms UPDATED ACTUAL Questions And Correct Answers

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MGT 366 - Exam 1 - Terms UPDATED ACTUAL Questions And Correct Answers
Terms in this set (80)



What is an operation? A group of resources performing processes


How is a process best described? An activity that transforms inputs into outputs


In the bakery example, what are flour and ovens? Inputs


What improves productivity? Producing more output with the same inputs


What does sustainability focus on? Meeting needs without harming future generations


What are nested processes? A process within a process


What is an internal customer? A department receiving output from another department


What does custom cake decorating involve? Order fulfillment process


What are examples of support processes? Accounting and HR


What characterizes service processes? Output that cannot be inventoried


What does the entire bakery kitchen represent? An operation


What can outputs of a process be? Goods and services


What is a supply chain? Interrelated processes within and across firms


What does supply chain management focus on? Synchronizing processes with suppliers and customers


What does the flow from Farmer to Customer illustrate? A supply chain


In the bakery example, what does the packaging team Internal customers
relying on the baking team represent?


What is order fulfillment among supply chain processes? An example of a core process


What does a flour supplier delivering ingredients to a External supplier
bakery represent?


What does a restaurant preparing meals illustrate? Manufacturing-service continuum


What do new product ideas based on customer input New service/product development
belong to?

, What do machines sharing data automatically rely on? IoT


What does volume flexibility refer to? A firm's ability to adjust output levels to demand changes


What were Apple's design and innovation discussed as an Order winners
example of?


What is the primary purpose of operations strategy? Align operations with customer expectations and corporate objectives


What competitive priority do delivery speed and on-time Time
delivery fall under?

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