WGU C720 Operations and Supply Chain Management – Questions and Answers Already Passed

Document Content and Description Below

Operations ✔✔The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager ✔✔They allocate res... ources. Capital ✔✔Facilities and equipment Competitive Advantage ✔✔Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability ✔✔The process of separating production from consumption; cannot be done for services because they are produced and consumed simultaneously. Technology ✔✔The application of knowledge, tools, processes, and procedures to solve problems. Product Design ✔✔The characteristics, features, and performance of the product; how the product functions; does not fundamentally change the product. Example: changing Coca-Cola's beverage containers from glass to aluminum. Product Technology ✔✔The application of knowledge to improve the product. Process ✔✔How to accomplish a task. [Show More]

Last updated: 9 months ago

Preview 1 out of 26 pages