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BCOR 2206-Quiz #1 with Complete Solutions
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BCOR 2206-Quiz #1 with Complete Solutions Operations Management - Answer️️ -management of processes used to design, supply, produce and deliver valuable goods and services to customers Supply Chain - Answer️️ -global network of organizations and activities involved in designing, transf...

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  • August 27, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • bcor 2206 quiz 1 with complete solutions

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©SOPHIABENNET@2024/2025 Monday, August 19, 2024 10:32 PM

BCOR 2206-Quiz #1 with Complete Solutions

Operations Management - Answer✔️✔️-management of processes used to
design, supply, produce and deliver valuable goods and services to
customers

Supply Chain - Answer✔️✔️-global network of organizations and activities
involved in designing, transforming, consuming and disposing of goods
and services

Customer Management - Answer✔️✔️-interfacing b/w customers, order
processing and fulfillment side of the operation

Supply Management - Answer✔️✔️-processes to identify, acquire and
administer inputs

Logistics Management - Answer✔️✔️-movement of materials and
information within, into and out of the firm

total product experience - Answer✔️✔️-all goods and services that are
combined to define a customer's complete experience, includes all aspects
of purchasing, consuming and disposing of the product

Process - Answer✔️✔️-system of activities that transforms inputs into
valuable outputs

Processes use resources such as: - Answer✔️✔️-machines, people,
knowledge, money




1

, ©SOPHIABENNET@2024/2025 Monday, August 19, 2024 10:32 PM

Processes use resources to transform inputs such as: - Answer✔️✔️-
materials, energy, money, people and data

Processes use resources to transform inputs into outputs such as: -
Answer✔️✔️-goods and services

design processes - Answer✔️✔️-develop new goods and services

strategic planning processes - Answer✔️✔️-determine how the firm should
compete

production processes - Answer✔️✔️-plan and execute the supply,
manufacture and delivery of goods and services to customers

evaluation processes - Answer✔️✔️-measure and report how well they are
meeting their goals or using their resources

lean operation - Answer✔️✔️-operation that produces maximum levels of
efficiency and effectiveness using a minimal amount of resources

core capabilities - Answer✔️✔️-unique set of skills that confers competitive
advantage to a firm, because rival firms cannot duplicate them

overall effect of concentrating on core capabilities: - Answer✔️✔️-produce
greater product value through higher quality and greater efficiencies, also
makes supply chains more interdependent

Operations managers - Answer✔️✔️-managers transform inputs into
outputs




2

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