Mgsc 395 exam 1 - Study guides, Class notes & Summaries

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MGSC 395 Exam 1/149 Questions and answers

definition of supply chain - CORRECT ANSWER-an interrelated series of processes within and across firms that produces a service or product to the satisfaction of customers the big 3 areas of business - CORRECT ANSWER-finance - acquires financial resources and capital for inputs marketing - generates sales of outputs operations - translates materials and services into outputs support functions of a business - CORRECT ANSWER-accounting, info systems, human resources, and engineering the s...

mgsc 395 exam 1 Exam Questions and Answers

MGSC 395 Exam 1 University of South Carolina

MGSC 395 Exam 1 Timothy Fry/80 Q’s and A’s

The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers : Operations management any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers : Process a group of resources performing all or part of one or more processes : Operation An interrelated series of processes within and across firms that produces a service or ...

MGSC 395 Exam 1 University of South Carolina

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Operations management : The systematic design, direction, and control of processes that transforms inputs into serves and products for internal, as well as external, customers Process : any activity or group of activities that takes one or more inputs, transforms them, and provides one or more outputs for its customers Operation : a group of resources performing all or part of one or more processes Supply Chain : An interrelated series of processes within and across firms that produce...