8-9

The area of management responsible for the activities necessary to produce goods and services is ____.

• manufacturing
• production
• operations management
• logistics

____ includes any activity related to making a product.

• Manufacturing
• Operations management
• Logistics
• Production

The process of changing and improving resources to create goods or services is called ____.

• production
• conversion
• manufacturing
• distribution

____ is changing the form of raw materials for another use.

• Materials processing
• Manufacturing
• Production
• Distribution

The manufacturing of goods in large quantities using standard techniques is called ____.

• manufacturing requirements
• automation
• repetitive tasks
• mass production

Business ____ is the activity of acquiring materials, supplies, or services necessary to create a product.

• distributing
• purchasing
• manufacturing
• planning

A ____ inventory-control system should the quantity of inventory on hand at all times.

• constant
• periodic
• just-in-time
• perpetual

The process of deciding which products will be most strategic for an organization to produce is ____ planning.

• profit
• product
• financial
• manufacturing

A prototype is used to test a new product and a(n) ____ is used to test a new service.

• survey
• working model
• trial run
• analysis

A(n) ____ is a name, term, or design that sets a product or business apart from its competition.

• brand
• image
• company name
• product idea