BUS 1O1/102/202
BUS/110.
BUSINESS
wiseman 2026/2027 BUSINESS
, BUS 101 final Exam questions with
correct answers 2026/2027 Edition
Graded A+
Operations management - ✅✅the development and administration
of the activities involved in transforming resources into goods and
services
manufacturing - ✅✅the activities and processes used in making
tangible products; also called production
production - ✅✅the activities and processes used in making
tangible products; also called manufacturing
operations - ✅✅the activities and processes used in making both
tangible and intangible products
inputs - ✅✅the resources - such as labor, money, materials, and
energy - that are converted into outputs
outputs - ✅✅the goods, services, and ideas that result from the
conversion of inputs
, standardization - ✅✅the making of identical interchangeable
components or products
modular design - ✅✅the building of an item in self-contained units,
or modules, that can be combined or interchanged to create different
products
customization - ✅✅the making of products to meet a particular
customer's needs or wants
capacity - ✅✅the maximum load that an organizational unit can
carry or operate
fixed-position layout - ✅✅a layout that brings all resources required
to create the product to a central location
project organization - ✅✅a company that uses a fixed-position
layout because it is typically involved in large, complex projects such
as construction or exploration
process layout - ✅✅a layout that organizes the transformation
process into departments that group related processes
BUS/110.
BUSINESS
wiseman 2026/2027 BUSINESS
, BUS 101 final Exam questions with
correct answers 2026/2027 Edition
Graded A+
Operations management - ✅✅the development and administration
of the activities involved in transforming resources into goods and
services
manufacturing - ✅✅the activities and processes used in making
tangible products; also called production
production - ✅✅the activities and processes used in making
tangible products; also called manufacturing
operations - ✅✅the activities and processes used in making both
tangible and intangible products
inputs - ✅✅the resources - such as labor, money, materials, and
energy - that are converted into outputs
outputs - ✅✅the goods, services, and ideas that result from the
conversion of inputs
, standardization - ✅✅the making of identical interchangeable
components or products
modular design - ✅✅the building of an item in self-contained units,
or modules, that can be combined or interchanged to create different
products
customization - ✅✅the making of products to meet a particular
customer's needs or wants
capacity - ✅✅the maximum load that an organizational unit can
carry or operate
fixed-position layout - ✅✅a layout that brings all resources required
to create the product to a central location
project organization - ✅✅a company that uses a fixed-position
layout because it is typically involved in large, complex projects such
as construction or exploration
process layout - ✅✅a layout that organizes the transformation
process into departments that group related processes
