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WGU C720 Complete OA Exam Questions and Correct Answers 100% Verified Graded A+

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WGU C720 Complete OA Exam Questions and Correct Answers 100% Verified Graded A+

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WGU C720 Complete OA Exam Questions and Correct Answers 100% Verified Graded A+

Operations Management - 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



Biggest difference between Service Providers and Goods Producers - A good is tangible
and a service is not



Resources - People, Capital, and Materials




Product Design - The determination of the characteristics, features, and performance of
the product



Product Technology - The application of knowledge to improve the product




Process - Describes how to accomplish a task




Process Design - Describes how a product is made




Process Technology - The application of knowledge to improve a process




Teamwork Approach - In managing operation can help solve quality and productivity
problems

, Strategy - Consists of the organizational goals and the methods for implementing the
goals, called key procedures



Business Process - 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



Plan - List of actions that management expects to take




Organizational Structure - The infrastructure of formal relationships among different
functions or subsystems, such as marketing, finance, and operations



Relative Advantage - The difference between the lowest cost producer and the next lower
cost producer



Ethics - A sense of what is right and what is wrong that guide behavior




Sustainability - 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 - A capability that customers value, such as short delivery lead-
time or high product quality that gives an organization an edge against its competition

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