OM 300 final exam (Newest Exam
2025) | All Questions and Correct
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,Terms in this set (102)
Set of activities that create value in
Operations
the form of goods and services by
Management
transferring inputs into outputs
3 Essential Marketing, Finance/Accounting,
Business Production/Operations
Functions
What is the main Generates demand
function of
Marketing in a
business?
What is the main Tracks performance, pays bills,
function of collects money
Finance/Accoun
ting in a
business?
What is the main Creates the product
function of
Production/Ope
rations in a
business?
, The Base: people, product, process
The Place: location, layout
10 Strategic OM
The Stuff: quality management,
Decisions
inventory management, supply
chain management
The Face: scheduling, maintenance
Improvement is difficult because :
- labor intensive
- focused of unique
Productivity in attributes/desires
the Service - intellectual task performed by
Sector professionals
- difficult to merchandise and
automate
- difficult to evaluate for quality
- Globalization
- Supply-chain partnering
Challenges in - Sustainability
OM - Technological change
- Mass customization
- Lean operations
2025) | All Questions and Correct
Answers | Already Graded A+ |
Verified Answers | Latest Version
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
,Terms in this set (102)
Set of activities that create value in
Operations
the form of goods and services by
Management
transferring inputs into outputs
3 Essential Marketing, Finance/Accounting,
Business Production/Operations
Functions
What is the main Generates demand
function of
Marketing in a
business?
What is the main Tracks performance, pays bills,
function of collects money
Finance/Accoun
ting in a
business?
What is the main Creates the product
function of
Production/Ope
rations in a
business?
, The Base: people, product, process
The Place: location, layout
10 Strategic OM
The Stuff: quality management,
Decisions
inventory management, supply
chain management
The Face: scheduling, maintenance
Improvement is difficult because :
- labor intensive
- focused of unique
Productivity in attributes/desires
the Service - intellectual task performed by
Sector professionals
- difficult to merchandise and
automate
- difficult to evaluate for quality
- Globalization
- Supply-chain partnering
Challenges in - Sustainability
OM - Technological change
- Mass customization
- Lean operations