Mgmt 339 Study guides, Class notes & Summaries

2023 ACTUAL MGMT 339 CSUF Exam 1 Solved Questions And Answers. What are 5 data analysis tools? 1) checklists 2) histograms 3) pareto charts 4) cause and effect diagrams (fishbone) 5) scatter diagrams What is benchmarking? A systematic procedure that measures a firms processes, services, and products against those of industry leaders

Mo Statute 339 - ANSWER-License Law RSMO 1986 License Law - ANSWER-Any person who performs a RE service on behalf of another party for CONSIDERATION must be licensed; i.e. broker transactions, managing property, appraising, counseling, syndicating, auctioning Consideration - ANSWER-Includes $ compensation, exchange of free services, or any other valuable good or service that a person expects to be paid (Vital in license law requirement) MO Real Estate Commission (MREC) - ANSWER--authori...

True / False Questions 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or services. 2. Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete with other nations. 3. Companies are either producing goods or delivering services. This means that only one of the two types of operations management strategies are used. 4. Operations, marketing, a...