WGU C720 Operations and Supply Chain Management Questions and Answers Graded A+

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Operations Management ✔✔The multidisciplinary science that organizations use to acquire inputs (people, capital, material, or energy and transform them into outputs (products and/or services) th... at ultimately provide value to the end customer Biggest difference between Service Providers and Goods Producers ✔✔A good is tangible and a service is not Resources ✔✔People, Capital, and Materials Product Design ✔✔The determination of the characteristics, features, and performance of the product Product Technology ✔✔The application of knowledge to improve the product Process ✔✔Describes how to accomplish a task Process Design ✔✔Describes how a product is made Process Technology ✔✔The application of knowledge to improve a process Teamwork Approach ✔✔In managing operation can help solve quality and productivity problems Strategy ✔✔Consists of the organizational goals and the methods for implementing the goals, called key procedures [Show More]

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