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

A

features

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
Q

physical facilities, uniforms, equipment, vehicles, and appearance of employees

A

tabgibles

26
Q

willingness to help customers and provide prompt recovery to service upsets

A

responsiveness

27
Q

knowledge and courtesy of the service-providers, and their ability to inspire trust and confidence in customers

A

assurance

28
Q

caring attitude and individualized attention provided to its customers

A

empathy

29
Q

are those attributes that a customer can determine prior to purchasing the goods and/or services

A

search attributes

30
Q

: are those attributes that can be discerned only after purchase or during consumption or use

A

experience attributes

31
Q

: are any aspects of a good or service that the customer must __believe____ in, but cannot personally evaluate even after purchase and consumption

A

credence attributes

32
Q

: A measure of the effective use of resources, expressed as the ratio of output of a process to the input

A

productivity

33
Q

: doing the job well, with a minimum of resources and waste

A

efficiency

34
Q

Productivity is a ________ measure

A

relative

35
Q

Productivity growth (decline) is the increase (decrease) in productivity from one ______ to the next relative to the productivity of the ______ period

A

period; previous