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WGU C720 Operations and Supply Chain Management, questions & Answers, rated A+
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WGU C720 Operations and Supply Chain Management, questions & Answers, rated A+ Operations Management - -The multidisciplinary science that organizations use to acquire inputs (people, capital, material, or energy and transform them into outputs (products and/or services) that ultimately provid...

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  • February 25, 2023
  • 9
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • wgu c720 operations and supply chain management
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WGU C720 Operations and Supply Chain
Management, questions & Answers,
rated A+


Operations Management - ✔✔-The multidisciplinary science that organizations use to acquire inputs
(people, capital, material, or energy and transform them into outputs (products and/or services) that
ultimately provide value to the end customer




Biggest difference between Service Providers and Goods Producers - ✔✔-A good is tangible and a
service is not




Resources - ✔✔-People, Capital, and Materials




Product Design - ✔✔-The determination of the characteristics, features, and performance of the
product




Product Technology - ✔✔-The application of knowledge to improve the product




Process - ✔✔-Describes how to accomplish a task




Process Design - ✔✔-Describes how a product is made




Process Technology - ✔✔-The application of knowledge to improve a process

, Teamwork Approach - ✔✔-In managing operation can help solve quality and productivity problems




Strategy - ✔✔-Consists of the organizational goals and the methods for implementing the goals, called
key procedures




Business Process - ✔✔-A set of work activities with a preferred order, and identifiable beginning and
end, inputs, and clearly defined outputs that add value to the customer




Plan - ✔✔-List of actions that management expects to take




Organizational Structure - ✔✔-The infrastructure of formal relationships among different functions or
subsystems, such as marketing, finance, and operations




Relative Advantage - ✔✔-The difference between the lowest cost producer and the next lower cost
producer




Ethics - ✔✔-A sense of what is right and what is wrong that guide behavior




Sustainability - ✔✔-Reflects the efforts organizations are expected to make to balance their
interconnected obligations to economic viability, the societies in which they operate, and the natural
environment

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