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OMGT 3123 Quiz 1 Ellis ECU Study Guide | Operations & Supply Chain Management Review, Questions & Key Concepts

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OMGT 3123 Quiz 1 Ellis ECU Study Guide | Operations & Supply Chain Management Review, Questions & Key Concepts

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OMGT 3123 Quiz 1 Ellis ECU Study Guide | Operations & Supply Chain Management Review,
Questions & Key Concepts



Mission Statement - correct answer ✔✔why an organization exists; describes what is important
to the organization, core values, and identifies the organization's domain



Operations and Supply Chain Strategy - correct answer ✔✔functional strategy- indicates how
structural and infrastructural elements with the operations and supply chain areas will be
acquired and developed to support the overall business strategy



Structural element - correct answer ✔✔tangible resources such as buildings, equipment, and
computer systems.



Infrastructural element - correct answer ✔✔the policies, people, decision rules, and
organizational structure choices made by a firm.



Four Performance Dimensions - correct answer ✔✔Quality, Time, Flexibility, Cost



Conformance Quality - correct answer ✔✔Addresses whether a product was made or a service
performed to specifications



Business Strategy - correct answer ✔✔identifies a firm's targeted customers and sets time
frames and performance objectives for the business



Mix Flexibility - correct answer ✔✔ability to produce a wide range of products or service



Two Competing Products - Importance Dimensions - correct answer ✔✔importance X score



Manufacturing Processes - correct answer ✔✔-Continuous Flow Processes

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