OM's Transformation Role Is to Add Value

question 18

Multiple Choice

OM's transformation role is to add value. Value added is

• A) performing activities well for the least possible cost
• B) the net decrease between output product value and input material value
• C) increasing product value in the first stage
• D) the net increase between output product value and input material value
• E) customizing a product, regardless of expense, to satisfy customer needs

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Definitions:

Router

A device that routes packets of data between two or more networks.

Information

Data that has been organized or presented in a meaningful fashion; the result, or output that users require at the end of a job.

P2P Networks

Peer-to-peer networks are decentralized communications models where each party has the same capabilities and either party can initiate a communication session.

Large Numbers

Numerical values that are significantly large in magnitude, often requiring special methods for their computation or representation.