chapter 1 Flashcards

1
Q

is a physical product that you can see, touch, or possibly consume

A

good

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2
Q

the creation of goods and services

A

production

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3
Q

the set of activities that create value in the form of goods and services by transforming inputs into outputs

A

operations management

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4
Q

a global network of organizations and activities that supplies a firm with goods and services

A

supply chain

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5
Q

Provides the basis for future activities by developing strategies, goals and objectives and establishing guidelines, actions and schedules to meet them

A

planning

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6
Q

The process of bringing together the resources (people, material, equipment, technology, information and capital) necessary to perform planned activities

A

organizing

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7
Q

The process of turning plans into realities by assigning specific tasks and responsibilities to employees, motivating them and coordinating their efforts

A

directing (staffing/leading)

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8
Q

Evaluating performance and applying __corrective_ measures to ensure that plans are achieved

A

controlling

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9
Q

long term decisions and concern the determination of broad policies and plans for using the resources of a company to best support its long-term competitive strategy

A

strategic decisions

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10
Q

primarily address how to efficiently manage capacity, inventory and schedules within the constraints of previously made strategic decisions

A

tactical decisions

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11
Q

narrow and __short term_ by comparison and act under the operation constraints set out by the strategic and tactical management decisions

A

operations decisions

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12
Q

is a product that typically lasts at least three years

A

durable good

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13
Q

is perishable and generally lasts for less than three years

A

nondurable good

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14
Q

is any activity that does not directly produce a physical product

A

service

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15
Q

: the degree to which the output of a process meets customer requirements

A

quality

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16
Q

: the physical performance and characteristics of a good

A

good quality

17
Q

: a good’s primary operating characteristics

A

performance

18
Q

the “bells and whistles” of a good

19
Q

the probability of a good’s surviving over a specified period of time under stated conditions of its use

A

reliability

20
Q

: the degree to which physical and performance characteristics of a good match pre-established standards

A

performance

21
Q

the amount of use one gets from a good before it physically deteriorates or until replacement is preferred

A

durability

22
Q

: the speed, courtesy and competence of repair work

A

serviceability

23
Q

how a good looks, feels, sounds, tastes or smells

A

aesthetics

24
Q

consistently meeting or exceeding customer expectations (external focus) and service delivery system performance (internal focus) for all service encounters

A

service quality

25
physical facilities, uniforms, equipment, vehicles, and appearance of employees
tabgibles
26
willingness to help customers and provide prompt recovery to service upsets
responsiveness
27
knowledge and courtesy of the service-providers, and their ability to inspire trust and confidence in customers
assurance
28
caring attitude and individualized attention provided to its customers
empathy
29
are those attributes that a customer can determine prior to purchasing the goods and/or services
search attributes
30
: are those attributes that can be discerned only after purchase or during consumption or use
experience attributes
31
: are any aspects of a good or service that the customer must __believe____ in, but cannot personally evaluate even after purchase and consumption
credence attributes
32
: A measure of the effective use of resources, expressed as the ratio of output of a process to the input
productivity
33
: doing the job well, with a minimum of resources and waste
efficiency
34
Productivity is a ________ measure
relative
35
Productivity growth (decline) is the increase (decrease) in productivity from one ______ to the next relative to the productivity of the ______ period
period; previous