MRO Study guides, Class notes & Summaries

CIPS L4M1 Scope and Influence of Procurement and Supply correctly answered 2024 What is Procurement? - correct answer Procurement is a STRATEGIC function of a business obtains something Tangible as goods or Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management Quality, Cost, Added Value What is Purchasing? - correct answer Is the ACT of physically ordering and buying something. What is Supply? - correct answer Is the INFRASTRUCTURE which ensures that...

Production planning and control systems are comprised of these 2 activities: - Answer- 1. Planning and control of materials "Materials management" 2.Planning and control of capacities "Capacity planning" Materials Management - Answer- supports the transformation of raw materials and component parts into shipped or finished goods Capacity Planning - Answer- The process of determining how much capacity is needed (and when) in order to produce in the future What materials do we bu...

Role of Marketing Generate profitable revenue When a marketer can describe something it is called a product concept Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen After buying an item we experience what? cognitive dissonance Ways to engage consumers, directly or indirectly -Directly: physically, email newsletters, one to one basis, calling, sending direct ads/texting, create relationship, personali...

Educational Psychology Developing Learners, 10e Jeanne Ellis Ormrod, Eric Anderman, Lynley Anderman (Instructor Manual) Educational Psychology Developing Learners, 10e Jeanne Ellis Ormrod, Eric Anderman, Lynley Anderman (Instructor Manual)

WGU D098 Digital Marketing (Western Governors University Business Admin Class Vocab & Study Guide for MRO1) With Correct Answers.

CIPS L4M2 Defining Business Need Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified New purchase A purchase of an item fo...

CIPS L4M2 Defining Business Need questions correctly answered 2024/2025Types of Purchases new buy, straight rebuy, modified rebuy Straight rebuy purchase Routine purchases of the same products under approximately the same terms of sale Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Modified rebuy purchase When new-task purchases are changed on repeat orders or straight rebuy purchases are modified N...

Essentials of Psychiatric Mental Health Nursing 8th Edition Concepts of Care in Evidence Based Practice Morgan Townsend Test Bank . A nurse is assessing a client who is experiencing occasional feelings of sadness because of therecent death of a beloved pet. The clients appetite, sleep patterns, and daily routine have not changed. How should the nurse interpret the clients behaviors? 1. The clients behaviors demonstrate mental illness in the form of depression. 2. The clients behaviors are ext...

Purchasing (Action) Obtaining merchandise, capital equipment; raw materials, services, or maintenance, repair, and operating (MRO) supplies in exchange for money, or its equivalent. Purchasing (Function) key business function for acquiring materials, services, & equipment Contracting term often used for the acquisition of services Supply Management a newer term that encompasses all acquisition activities beyond the simple purchase transaction. "Identification, acquisition, access, posi...

Essentials of Psychiatric Mental Health Nursing 8th Edition Concepts of Care in Evidence Based Practice Morgan Townsend Test Bank A nurse is assessing a client who is experiencing occasional feelings of sadness because of therecent death of a beloved pet. The clients appetite, sleep patterns, and daily routine have not changed. How should the nurse interpret the clients behaviors? 1. The clients behaviors demonstrate mental illness in the form of depression. 2. The clients behaviors are exten...