PBMF Ch 8 Review

The area of management responsible for the activities necessary to produce goods and services is ​ (a)   .

• operations management
• manufacturing
• production
• 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 (a)  

• conversion
• production
• 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 ​ (a)   is the activity of acquiring materials, supplies, or services necessary to create a product.

• purchasing
• distributing
• planning
• manufacturing

A ​ (a)   inventory-control system should the quantity of inventory on hand at all times.

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

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)   is used to test a new service.

• a trial run
• a working model
• a survey
• an analysis

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

• A brand
• An image
• A company name
• A product idea