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COB 300 OPERATIONS TEST 1 QUESTIONS AND ANSWERS 100% PASS

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  • COB 300
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  • COB 300

COB 300 OPERATIONS TEST 1 QUESTIONS AND ANSWERS 100% PASS operations management - management of systems of processes that create goods and services processes - converting inputs to outputs operations manager - who guides the system through decision making---- has to make design and operating ...

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  • January 8, 2025
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • COB 300
  • COB 300
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EmilyCharlene
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COB 300 OPERATIONS TEST 1
QUESTIONS AND ANSWERS
100% PASS

operations management - ✔✔management of systems of processes that create goods and services


processes - ✔✔converting inputs to outputs


operations manager - ✔✔who guides the system through decision making---- has to make design and

operating decisions


operations finance marketing - ✔✔3 functions of business organizations


upper management processes - ✔✔govern operation of the entire organization


operational processes - ✔✔core processes that make up the value stream


supporting processes - ✔✔support core processes


variation - ✔✔can be disruptive to operations and supply chain processes :additional costs, delays and

shortages, poor quality, inefficient work systems


4 sources of variation - ✔✔variety of goods and services being offered


structural variation in demand




X
Emily Charlene
Lead Athor

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random variation


assignable variation


physical model - ✔✔looks like real life counterparts


schematic model - ✔✔looks less like real life than physical model


mathematic - ✔✔looks nothing like real life


ways businesses compete - ✔✔identify consumer wants and needs


price and quality


advertising and promoition


product differentitation


flexibility


delivery time


competitiveness - ✔✔how effectively an organization meets the wants and needs of customers relative to

others that offer similar goods and services


mission statement - ✔✔serves as a basis for organizational goals


goals - ✔✔destinations


strategies - ✔✔road ma


order qualifiers - ✔✔characteristics that customers perceive as minimum standards of acceptability for a

product or service to be considered as a potential purchase




X
Emily Charlene
Lead Athor

©All Rights Reserved, 2025

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