100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
COB 300 Operations Final Exam Study Guide (Tchommo) Questions and Answers 100% Pass £10.43
Add to cart
Quickly navigate to
Preview
  2.  
  3. COB 300
  4.  
  5. COB 300

Exam (elaborations)

COB 300 Operations Final Exam Study Guide (Tchommo) Questions and Answers 100% Pass
 0 view  0 purchase
  • Module
  • COB 300
  • Institution
  • COB 300

COB 300 Operations Final Exam Study Guide (Tchommo) Questions and Answers 100% Pass Mission - Reason for an organization's existence Mission Statement - States the purpose of the organization Goals - Provide detail and the scope of the mission Strategy - - A plan for achieving organizational ...

[Show more]

Preview 3 out of 20  pages

Document information

  • January 8, 2025
  • 20
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • cob 300 operations final exam study guide tchommo

Written for

  • COB 300
  • COB 300

Seller

avatar-seller
EmilyCharlene

Reviews received

Content preview

1|Page




COB 300 Operations Final Exam
Study Guide (Tchommo) Questions
and Answers 100% Pass

Mission - ✔✔Reason for an organization's existence


Mission Statement - ✔✔States the purpose of the organization


Goals - ✔✔Provide detail and the scope of the mission


Strategy - ✔✔- A plan for achieving organizational goals


- If goals = destinations, Strategies = roadmaps


Order Qualifiers - ✔✔Characteristics that customers perceive as minimum standards of acceptability for a

product or service to be considered as a potential for purchase


Order Winners: - ✔✔Characteristics of an organization's goods or services that cause it to be perceived as

better than the competition


Core Competency - ✔✔The one thing a company can do better than its competitors


Environmental Scanning - ✔✔Identifies internal strengths and weaknesses


Identifies external opportunities and threats




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

,2|Page


Three basic business strategies: - ✔✔1) Supply Chain Strategy


2) Sustainability Strategy


3) Global Strategy


Four perspectives of a balanced scorecard - ✔✔1) Customers


2) Internal Business Processes


3) Learning


4) Growth


What is the purpose of a balanced scorecard? - ✔✔- Using this approach, managers develop objectives,

metrics, and targets for each objective and initiatives to achieve objectives, and they identify links among

the various perspectives.


- Results are monitored and used to improve strategic performance results.


Operations Management - ✔✔The management of systems or processes that create goods and/or provide

services


Productivity = - ✔✔Productivity = Outputs/Inputs


Partial Measures: - ✔✔Output/Single Input; Output/Labor; Output/Capital


Multifactorial Measures: - ✔✔Output/ Multiple Inputs/ Output/Labor+Machine; Output/ (Labor +

Capital + Energy)


Productivity Growth - ✔✔(Current Productivity - Previous Productivity)/Previous Productivity X 100%


Ex. (23-25)/25 X 100% = -8%




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

, 3|Page


Core competency - ✔✔The one thing that a firm can do better than its competitors. The goal is to have a

core competency that yields a long-term competitive advantage to the company.


Contract manufacturer - ✔✔An organization that performs manufacturing and/or purchasing needed to

produce a product or device not for itself, but asa service to another firm.


Concurrent Engineering - ✔✔Emphasizes cross-functional integration and concurrent development of a

product and its associated processes.


Quality function deployment (QFD) - ✔✔A process that helps a company determine the product

characteristics important to the consumer and to evaluate its own product in relation to others.


House of quality - ✔✔A matrix that helps a product design team translate customer requirements into

operating and engineering goals.


Value analysis/value engineering (VA/VE) - ✔✔Analysis with the purpose of simplifying products and

processes by achieving equivalent or better performance at a lower cost.


Ecodesign - ✔✔The incorporation of environmental considerations into the design and developmentof

products or services.These concerns relateto the entire life cycle,including materials,manufacturing,

distribution,and the eventual disposalof waste.


Time-to-market - ✔✔A measure of product development success. There are two measures here: the

frequency of new product introductions and the time from initial concept to market introduction.


Productivity - ✔✔A measure of how well resources are used. According to Goldratt'sdefinition, all the

actions that bring a company closer to its goals.


Conformance quality - ✔✔The degree to which the product or service design specifications are met.




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmilyCharlene. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £10.43. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50990 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£10.43
  • (0)
Add to cart
Added