Ch. 10 Flashcards
Canada is one of the largest producers of … in the world, with ____ in nearly all provinces turning out …
forest products, plants, a vast array of wood, furniture, and paper products
there are giant aluminum mills in …
automotive-related manufacturing in ..
aircraft plants in …
Quebec and British Columbia
Ontario and Quebec
Ontario, Quebec and Manitoba
Canada is facing some serious challenges to its ability to …
remain a modern, competitive industrial country
today’s business climate is characterized by … as ever-newer … and increasing …
constant and restless change and dislocation, technologies, global competition force companies to respond quickly to these challenges
define “research and development”
work directed toward the innovation, introduction, and improvement of products and processes
through the adoption of newer, more advanced technologies and practices, industries can … (3)
increase their production capabilities, improve their productivity, and expand their lines of new goods and services
explain Canada’s history with R&D
2014- Canada dropped out of the world’s top-ten list for R&D spending
2018- Canada ranked 19th in the world for R&D
future R&D expansion in Canada will depend upon which three key drivers?
revenues and profitability, government policy, and corporate strategy
define production
production is the creation of goods and services using the factors of production: land, labour, capital, entrepreneurship, and knowledge
production management has been the term used to describe …
all of the activities that managers do to help their firms create goods
operations management is a …
specialized area in management that converts or transforms resources (including human resources) into goods and services
operations management includes…
inventory management, quality control, production scheduling, follow-up services etc.
operations management planning involves …
many of the same issues in both the service and manufacturing sectors
list three key operations management functions (OMP)
facility location, facility layout, quality control- Baldridge Award, ISO 9000/ ISO 140000
(OMP: Facility Locations) many businesses are building …
factories in foreign countries to get closer to their international customers
(OMP: Facility Locations) one of the most common reasons for a business to move is …
the availability of inexpensive labour or the right kind of skilled labour
jobs like … (3) have moved out of North America to …
software development, call-center jobs, and back-office jobs, developing countries for some time
list the first four jobs that are now shifting to developing countries (and out of North America)
accounting, financial analysis, medicine, architecture
list the last four jobs that are now shifting to developing countries (and out of North America)
aircraft maintenance, law, film production, and banking
developments in … (5) are giving firms and employees more flexibility than ever before
information technology computers, modems, email, voice mail, teleconferencing etc.)
