ch 13 Flashcards

to increase comprehension of business vocabulary to increase student achievement and success

1
Q

products obtained from nature

A

extraction

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2
Q

products grown in nature

A

cultivation

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3
Q

changing and improving product

A

processing

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4
Q

combines raw materials and processed goods into finished products

A

manufacturing

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5
Q

process that makes a large number of identical products using a continuous efficient procedure; repetitive production

A

mass production

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6
Q

building a specific and unique product to meet needs of one customer

A

custom manufacturing

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7
Q

changing form of raw materials to be consumed or used to make other products

A

materials processing

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8
Q

study existing products to develop design improvements or new product uses

A

applied research

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9
Q

research done with no specific product in mind; new solutions to problems

A

pure research

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10
Q

activities, equipment, resources needed to manufacture a product

A

production process

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11
Q

make sure manufacturing process are completed as effectively as possible

A

CPI; Continuous Process Improvement

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12
Q

best practices; standards among all competitors

A

benchmarks

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13
Q

managing the acquisition, movement and storage of supplies, materials and finished products

A

logistics

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14
Q

goods arrive when needed for production o ruse

A

just-in-time logistics

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15
Q

activities needed and how, who and what of work to be done

A

operational plan

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16
Q

time plan for completing activities

A

schedule

17
Q

specific measurement against which an activity or result is judged

A

standard