Management of Operations
Flashcard
•
Business
•
12th Grade
•
Hard
Sunil Saini
FREE Resource
Student preview
5 questions
Show all answers
1.
FLASHCARD QUESTION
Front
What is meant by 'management of operations'?
Back
It refers to the administration of processes for transforming input into output.
2.
FLASHCARD QUESTION
Front
What does every organization offer?
Back
Some basic good or service that is produced through the flow of input materials and technology.
3.
FLASHCARD QUESTION
Front
What is the role of technology in operations management?
Back
Technology helps turn input materials into finished goods that may be consumed.
4.
FLASHCARD QUESTION
Front
What are the two main components involved in the management of operations?
Back
Input materials and processes.
5.
FLASHCARD QUESTION
Front
What is the outcome of the management of operations?
Back
Finished goods that may be consumed.
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