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OMIS 338 Ch Question and answers verified to pass OMIS 338 Ch. 1 Northern Illinois University Production - correct answer the creation of goods and services Operations Management - correct answer the set of activities that creates value in the form of goods and services by transforming i...

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  • November 5, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • omis 338 ch
  • omis 338 ch question and answers verified to pass

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OMIS 338 Ch. 1 Northern Illinois
University
Production - correct answer ✔the creation of goods and services


Operations Management - correct answer ✔the set of activities that creates
value in the form of goods and services by transforming inputs into outputs


three function essential to create goods and services - correct answer
✔marketing, production, finance


supply chain - correct answer ✔a global network of organizations and
activities that supply a firm with goods and services


4 reasons we study OM - correct answer ✔- to know how people organize
themselves for productive enterprise


- to know how goods and services are produced


- to understand what operations managers do


- because it is a costly part of an organization


The management process consists of... - correct answer ✔planning,
organizing, staffing, leading, controlling


10 Strategic OM Decisions - correct answer ✔1. Design of goods and
services

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