CHAPTER 1 Flashcards

1
Q

is that part of a business organization that is
responsible for producing goods and/or
services.

A

OPERATIONS

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2
Q

Physical items produced by business Organizations

A

Goods

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3
Q

Activities that provide some combination of
time, location, form, and psychological value.

A

Services

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4
Q

is responsible for securing financial resources
at favorable prices and allocating those
resources throughout the organization, as
well as budgeting, analyzing investment
proposals, and providing funds for operations

A

finance

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5
Q

is responsible for assessing consumer wants and needs and selling and promoting the organization’s good or services

A

marketing

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6
Q

is responsible for producing the goods or
providing the services offered by the
organization.

A

operations

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7
Q

The management of systems or processes
that create goods and/or provide services.

A

operations management

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8
Q

A sequence of organizations their facilities,
functions, and activities that are involved in
producing and delivering a product or service

A

supply chain

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9
Q

The creation of goods or services involves
transforming or converting inputs into
outputs. Various inputs such as capital, labor,
and information are used to create goods or
services using one or more transformation
processes (e.g., storing, transporting,
repairing).

A

Transformation processes

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10
Q

began in the 1770s in England and spread to
the rest of Europe and to the United States
during the 19th century.

A

The Industrial Revolution

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11
Q

System in which highly skilled workers use
simple, flexible tools to produce small
quantities of customized goods.

A

Craft production

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12
Q

Is a father of scientific management.
“Science of management” based on
observation, measurement, analysis and
improvement of work methods, and economic
incentives

A

Frederick Winslow Taylor

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13
Q

father of motion study
He developed principles of motion economy
that could be applied to incredibly small
portions of a task.

A

Frank Gilbreth

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14
Q

recognized the value of nonmonetary
rewards to motivate workers

A

Henry Gantt

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15
Q

used system for scheduling

A

Gantt charts

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16
Q

applied Taylor’s ideas to organization
structure and encouraged the use of experts
to improve organizational efficiency

A

Harrington Emerson

17
Q

the great industrialist, employed scientific
management techniques in his factories.

A

henry ford

18
Q

automobiles were just coming into vogue in
the United States

A

20th century

19
Q

in which low-skilled workers use specialized
machinery to produce high volumes of
standardized goods.

A

Mass production System

20
Q

Parts of a product made to such precision
that they do not have to be custom fitted.

A

Interchangeable parts

21
Q

The breaking up of a production process into
small tasks, so that each worker performs a
small portion of the overall job.

A

Division of labor

22
Q

a psychologist and the wife of Frank Gilbreth,
worked with her husband, focusing on the
human factor in work.

A

Lillian Gilbreth

23
Q

His studies revealed that in addition to the
physical and technical aspects of work,
worker motivation is critical for improving
productivity

A

Elton Mayo

24
Q

developed motivational theories, which
Frederick Hertzberg refined. Douglas
McGregor added Theory X and Theory Y.

A

Abraham Maslow

25
Q

developed one of the first models in 1915: a
mathematical model for inventory order size.

A

F. W. Harris

26
Q

1930s, three coworkers at Bell Telephone
Labs

A

H. F. Dodge, H. G. Romig, and W. Shewhart

27
Q

1935
conducted studies that provided the
groundwork for statistical sampling theory.

A

L.H.C. Tippett