Gms 401 final exam 2024 - Study guides, Class notes & Summaries

2024 GMS 401 - final exam questions and answers Toronto Metropolitan University.

2024 GMS 401 - final exam questions and answers Toronto Metropolitan University.

Management - ANSWER-the process by which objectives are achieved through the use of the resources operations - ANSWER-those activities within an organization that are directly related to providing goods or services by transforming inputs into outputs What operations managers do - ANSWER--planning -organizing -staffing -leading -controlling Three basic functions - ANSWER-1. operations 2. finance 3. marketing Pareto Phenomenon - ANSWER-80% of the consequences come from 20% of ...

GMS 401- Final Exam Questions With 100% Correct Answers 2024 Production - answerthe creation of goods and services Operations Management - answerActivities that relate to the creation of goods and services through the transformation of inputs to outputs Supply chain - answerA global network of organizations and activities that supply a firm with goods and services Services - answerEconomic activities that typically produce an intangible product (such as education, entertainment, lodging,...

GMS 401- Final Exam Questions With 100% Correct Answers 2024 Production - answerthe creation of goods and services Operations Management - answerActivities that relate to the creation of goods and services through the transformation of inputs to outputs Supply chain - answerA global network of organizations and activities that supply a firm with goods and services Services - answerEconomic activities that typically produce an intangible product (such as education, entertainment, lodging,...

GMS 401- Final Exam Questions With 100% Correct Answers 2024 Production - answerthe creation of goods and services Operations Management - answerActivities that relate to the creation of goods and services through the transformation of inputs to outputs Supply chain - answerA global network of organizations and activities that supply a firm with goods and services Services - answerEconomic activities that typically produce an intangible product (such as education, entertainment, lodging,...

GMS 401 Final Exam Practice Questions and Answers Which of the following statements regarding A is false? a. The company was opened by Jeff Bezos in 1995. b. The company was founded as, and still is, a "virtual retailer" with no inventory. c. The company is now a world-class leader in warehouse management and automation. d. The company uses both United Parcel Service and the U.S. Postal Service as shippers. e. Amazon obtains its competitive advantage through inventory management. - A...

GMS 401 Final exam latest guide 2024 complete

GMS 401 Final exam Study Guide Solutions Production - ANSWER-the creation of goods and services Operations Management - ANSWER-Activities that relate to the creation of goods and services through the transformation of inputs to outputs Supply chain - ANSWER-A global network of organizations and activities that supply a firm with goods and services Services - ANSWER-Economic activities that typically produce an intangible product (such as education, entertainment, lodging, government, fina...

GMS 401 Final Exam Questions and Answers Which of the following statements regarding A is false? a. The company was opened by Jeff Bezos in 1995. b. The company was founded as, and still is, a "virtual retailer" with no inventory. c. The company is now a world-class leader in warehouse management and automation. d. The company uses both United Parcel Service and the U.S. Postal Service as shippers. e. Amazon obtains its competitive advantage through inventory management. - ANSWER-b....