Liamxavier

What is operations and process management? - -The activity of managing the resources and processes that produce product and services. Operations management: Examines how the "operations" function of a business produces products and services for external customers. -Whats is a process? - -An arrangement of resources that transforms inputs into ou

What is Operations Management? - -The management of systems or processes that create goods and/or services. -What are the three basic functions in business organizations? - -The three basic functions in business organization are finance, operations, and marketing. -What general items make up a supply chain? - -The supply chain is made up of the s

Operations Management (OM) - -the science and art of ensuring that goods and services are created and delivered successfully to customers -3 core issues in Operations Management - -- Cost: Cost of operations - Efficiency: How well resources are used in creating output - Quality: The quality of goods and services that create customer satisfaction

Capacity - --the "throughput," or number of units a facility can hold, receive, store, or produce in a period of time -Long-range planning - --adding facilities -adding long lead time equipment -Intermediate-range planning - --add personnel, add equipment, add shifts -build inventory -use inventory -subcontract -Short-range planning - --schedule

sequential-move games - -players take turns, and each player observes all prior decisions of the rival before having to move -simultaneous-move games - -players do not observe the rival's decision before making their own -Nash equilibrium - -a pair of strategies, one for each player, in which each strategy is a best response to the other. These r

What are the characteristics of the horizontal structure of international law? [multi-select] Fully sovereign states Compulsory jurisdiction Reciprocity Decentralized - -decentralized, Fully sovereign states, Reciprocity -Which of the following is an example of the vertical structure of international law? [multi-select] European Union NATO GATT IC

U.S. On Customary International Law - -- Customary International Law results from a general and consistent practice of states followed by them from a sense of legal obligation. - If a statute contradicts International Law, the statute will prevail, which is a very rare instance. - According to the U.S. Constitution in the "Laws of Nations" clause,

trade - -Buying and selling goods/services. -exporting - -Shipping goods out of a country -importing - -Shipping goods into a country -trade in services - -Services provided by the producer to the customer -direct exporting - -Selling of products directly to the customer in other country without the involvement of a third party. -foreign sales

Filartiga v. Pena - -Officials who violate the rights of their own citizens can be brought to justice in US courts under Alien Tort Act -Jus Cogens - -A Preemptory norm of international law from which there can be no derogation. -Sources of International Law/Article 38 of the ICJ Statute - -Treaties Customs General principles of law recognized by

International Law - -A binding rule that regulates actions of individuals in a community with methods that enforces rules to those who violate them. -Difference between Domestic and International Law - -Domestic law is made through a legislative body. International law is made through treaties and customs. -Four sources of international law -