The Term Operations Is Used to Represent

question 26

Multiple Choice

The term operations is used to represent:

• A) a way of doing business that competitors struggle to replicate and that frequently involves technology in a key enabling role.
• B) attempts to match the benefits of a successful position while maintaining an existing position.
• C) the process of performing different tasks than rivals, or the same tasks in a different way.
• D) the organizational activities that are required to produce goods or services.
• E) the flow of goods, people, information, and other resources among locations.

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Definitions:

World-Class Organizations

Organizations that achieve the highest standards in their industry, delivering exceptional products, services, and customer satisfaction through continuous improvement and innovation.

Performance Tradeoffs

The balance or compromise between different performance metrics, such as speed versus cost, in business operations or system design.

Integrated Factory

A manufacturing facility where various components of production, management, supply chain, and technology systems are combined and optimized for efficient operation.

Material Handling Systems

Equipment and procedures designed to manage the movement, protection, storage, and control of materials throughout manufacturing, warehousing, distribution, consumption, and disposal.