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WGU C720 Operations and Supply Chain Management Questions with Verified Answers (Correct Update)

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WGU C720 Operations and Supply Chain Management Questions with Verified Answers (Correct Update)

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WGU C720 Operations and Supply Chain Management Questions
with Verified Answers (Correct Update)

Question 1: Operations Management

Answer: 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

Question 2: Biggest difference between Service Providers and Goods Producers

Answer: A good is tangible
and a service is not

Question 3: Resources

Answer: People, Capital, and Materials

Question 4: Product Design

Answer: The determination of the characteristics, features, and performance of the
product

Question 5: Product Technology

Answer: The application of knowledge to improve the product

Question 6: Process

Answer: Describes how to accomplish a task

Question 7: Process Design

Answer: Describes how a product is made

Question 8: Process Technology

Answer: The application of knowledge to improve a process

Question 9: Teamwork Approach

Answer: In managing operation can help solve quality and productivity
problems



Page 1

, Question 10: Strategy

Answer: Consists of the organizational goals and the methods for implementing the goals,
called key procedures

Question 11: Business Process

Answer: A set of work activities with a preferred order, and identifiable
beginning and end, inputs, and clearly defined outputs that add value to the customer

Question 12: Plan

Answer: List of actions that management expects to take

Question 13: Organizational Structure

Answer: The infrastructure of formal relationships among different
functions or subsystems, such as marketing, finance, and operations

Question 14: Relative Advantage

Answer: The difference between the lowest cost producer and the next lower
cost producer

Question 15: Ethics

Answer: A sense of what is right and what is wrong that guide behavior

Question 16: Sustainability

Answer: 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

Question 17: Competitive Advantage

Answer: A capability that customers value, such as short delivery leadtime or high product quality that
gives an organization an edge against its competition

Question 18: Market Share

Answer: A company's sales divided by the sales of all companies in its industry




Page 2

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