Mgsc 395 exam 1 Study guides, Class notes & Summaries

MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exam 1 (University of South Carolina) 100 % Correct MGSC 395 Exa...

Big three areas chart - CORRECT ANSWER-Finance--> Material and Service Input-->Operations--> Product and Service Outputs-->Marketing--> Sales revenue--> back to finance Finance - CORRECT ANSWER-Acquires financial resources and capital for inputs Operations - CORRECT ANSWER-Translates materials and services into outputs Marketing - CORRECT ANSWER-Generates sales of outputs Support Functions - CORRECT ANSWER--Accounting -Information Systems -Human Resources -Engineerin...

MGSC 395 exam 1 questions with correct answers

The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers : Operations management any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers : Process a group of resources performing all or part of one or more processes : Operation An interrelated series of processes within and across firms that produces a service or ...

MGSC 395 Exam 1 University of South Carolina

Operations management : The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers Process : any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation : a group of resources performing all or part of one or more processes Supply Chain : An interrelated series of processes within and across firms that produce...

MGSC 395 Exam 1 University of South Carolina – Questions and Answers

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MGSC 395 Exam 1 with Complete Solutions

definition of supply chain - CORRECT ANSWER-an interrelated series of processes within and across firms that produces a service or product to the satisfaction of customers the big 3 areas of business - CORRECT ANSWER-finance - acquires financial resources and capital for inputs marketing - generates sales of outputs operations - translates materials and services into outputs support functions of a business - CORRECT ANSWER-accounting, info systems, human resources, and engineering the s...