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Exam (elaborations)

Busoba 3130 Exam 1 Updated Actual Questions And Correct Answers

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BUSOBA 3130 EXAM 1 UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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BUSOBA 3130 EXAM 1 UPDATED ACTUAL QUESTIONS
AND CORRECT ANSWERS

Question:
1. operations management

Answer:
the processes that effectively produce, transform, and deliver a product or
service - how things get done

Question:
2. key inputs to any product/service

Answer:
people, knowledge, equipment, facilities, material, services, energy, time, money

Question:
3. product

Answer:
result of the transformation of inputs- can be physical goods or intangible
services

Question:
4. service

Answer:
intangible activity or benefit

Question:
5. can there be services without products?

Answer:
yes there can be

Question:
6. manufacturing processes

Answer:
change materials in one or more of the following dimensions:
-physical properties
-shape
-fixed dimensions
-surface finish
-joining parts and materials

, Question:
7. service processes

Answer:
a process that isnt changing from the above
-locational- transportation/logistics
-exchange- retailing
-storage- warehousing
-physiological- health care
-informational- exchange of data/info

Question:
8. 4 core processes

Answer:
1. customer relationship process: identify, attract, and build relationships with
external customers and facilitate the placement of orders
2. new service/product development processes: design and develop new
services or products from inputs received from external customer specifications
3. order fulfillment processes: the activities required to produce and deliver the
service or product to the external customers
4. supplier relationship processes: select suppliers of services, materials and info
and facilitate the timely and efficient flow of these items into the firm

Question:
9. operations strategy

Answer:
the approach, consistent with the organization strategy, that is used to guide the
operations function
-cost, quality, delivery, flexibility

Question:
10. core competencies

Answer:
the unique resources and strengths that an organization develops and possesses-
determine firms core processes

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