1. The management of systems or processes that create goods and/or provide services.
1. Introduction to Operation Management

Quiz
•
Business
•
University
•
Hard
Kim Serey
Used 4+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A sequence of activities and organizations involved in producing and delivering a good or service.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
responsible for securing financial resources at favorable prices and allocating
those resources throughout the organization, as well as budgeting, analyzing investment proposals, and providing funds for operations.
Finance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
responsible for assessing consumer
wants and needs, and selling and promoting the organization’s goods or services.
Marketing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference
between the cost of inputs
and the value or price of
outputs.
Value-added
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Raw vegetables
Metal sheets
Water
Energy
Labor
Building
Equipment
Inputs
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One or more actions
that transform inputs into
outputs.
Process
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