Midterm - SBENT2B - March 13

Refers to the overseeing and designing of production, manufacturing, and distribution of products and services.

• Operations Management

• Materials Management

• Inventory

• Forecasting

Refers to how efficiently inputs, like business processes, result in outputs of goods and services.

• Productivity

• Materials Management

• Inventory

• Forecasting

Rearrange the following in terms of the business cycle:

• Supplier

• Customer

• Raw Materials

• Manufacturing

• Distribution

The process of teaching or developing oneself or others.

• Training

• Team Goals

• Support

• Technology

Refers to the objectives or milestones that a team commits to working toward together.

• Training

• Team Goals

• Support

• Technology

Providing swift guidance and understanding to your employees can make all the difference.

• Training

• Team Goals

• Support

• Technology

Competitive pays and help employees feel valued and dedicated to the job.

• Training

• Team Goals

• Support

• Fair Wages & Benefits

It can be used to improve team communications through collaborative tools, like a project management app, track inventory, and automate monotonous tasks.

• Training

• Team Goals

• Support

• Technology

Is when managers feel the need to control aspects of their employees' work & decision-making to an extreme degree more than is necessary or healthy for a usual working relationship.

• Training

• Team Goals

• Support

• Micromanaging

Defined as an object or substance that is manufactured or redefined for sale.

• Product

• Service

• Technology

• Manufacturing