Study sets matching "understanding business chapter 9"

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Study sets matching "understanding business chapter 9"

30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
38 terms
Understanding business -chapter 9
PERT:Which is a step used in PERT?
PERT (program evaluation and review te…
Critical path (pert)
Gantt Chart - developed by Henry L. Ga…
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
A method for analyzing the tasks involved in completing a giv…
In a PERT network, the sequence of tests that takes the longe…
Bar graph showing production managers what projects are being…
PERT:Which is a step used in PERT?
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
PERT (program evaluation and review te…
A method for analyzing the tasks involved in completing a giv…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
36 terms
Understanding Business Chapter 9
Production
Production management
Operations management
Form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production management
The term used to describe all the activities managers do to h…
48 terms
Understanding business -chapter 9
The Steps of PERT
PERT program evaluation and review tec…
Critical path (pert)
Gantt Chart - developed by Henry L. Ga…
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
users analyze the tasks required to finish a specific project…
In a PERT network, the sequence of tests that takes the longe…
Bar graph showing production managers what projects are being…
The Steps of PERT
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
PERT program evaluation and review tec…
users analyze the tasks required to finish a specific project…
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
24 terms
Understanding Business: Chapter 9
Production Mangement
Operations Management
Form utility
Process Manufacturing
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
That part of the production process that physically or chemic…
Production Mangement
The term used to describe all the activities managers do to h…
Operations Management
A specialized area in management that converts or transforms…
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations managment
form utility
the creation of finished goods and services using the factors…
the term used to describe all the activities managers do to h…
a specialized area in management that converts or transforms…
the value producers add to materials in the creation of finis…
production
the creation of finished goods and services using the factors…
production management
the term used to describe all the activities managers do to h…
Understanding business -chapter 9
The Steps of PERT
PERT program evaluation and review tec…
Critical path (pert)
Gantt Chart - developed by Henry L. Ga…
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
users analyze the tasks required to finish a specific project…
In a PERT network, the sequence of tests that takes the longe…
Bar graph showing production managers what projects are being…
The Steps of PERT
1. Analyzing and sequencing tasks. ... 2. Estimating time for ta…
PERT program evaluation and review tec…
users analyze the tasks required to finish a specific project…
10 terms
Understanding Business: Chapter 9
Production
Form Utility
Computer-Aided Design (CAD)
Computer-Aided Manufacturing (CAM)
the creation of goods using land, labor, capital, entrepreneu…
the value producers add to materials in the creation of finis…
the use of computers in the design of products
the use of computers in the manufacturing of products
Production
the creation of goods using land, labor, capital, entrepreneu…
Form Utility
the value producers add to materials in the creation of finis…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
20 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
36 terms
Understanding Business Chapter 9
Production
Production management
Operations management
Form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production management
The term used to describe all the activities managers do to h…
17 terms
Understanding Business Chapter 9
operations management
form utility
process manufacturing
assembly process
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
The part of the production process that physically or chemica…
The part of the production process that puts together compone…
operations management
A specialized area in management that converts or transforms…
form utility
The value producers add to materials in the creation of finis…
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
22 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Mass Customization
creation of goods using land, labor, capital, entrepreneurshi…
all the activities managers do to help firms create goods.
specialized area in management that converts or transforms re…
tailoring products to meet the needs of a large number of ind…
Production
creation of goods using land, labor, capital, entrepreneurshi…
Production Management
all the activities managers do to help firms create goods.
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
Understanding Business Chapter 9
mass customization
materials requirement planning (MRP)
enterprise resource planning (ERP)
Six Sigma quality
Tailoring products to meet the needs of individual customers.
A computer-based operations management system that uses sales…
A newer version of Materials Requirement Planning (MRP), that…
A quality measure that allows only 3.4 defects per million op…
mass customization
Tailoring products to meet the needs of individual customers.
materials requirement planning (MRP)
A computer-based operations management system that uses sales…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
26 terms
Understanding Business: Chapter 9
Production Mangement
Operations Management
Form utility
Process Manufacturing
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
That part of the production process that physically or chemic…
Production Mangement
The term used to describe all the activities managers do to h…
Operations Management
A specialized area in management that converts or transforms…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transform r…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
Production
Production Management
Operations Management
Form Utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production Management
The term used to describe all the activities managers do to h…
30 terms
Understanding Business Chapter 9
production
production management
operations management
form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
production
The creation of finished goods and services using the factors…
production management
The term used to describe all the activities managers do to h…
Understanding Business Chapter 9
Production
Production management
Operations management
Form utility
The creation of finished goods and services using the factors…
The term used to describe all the activities managers do to h…
A specialized area in management that converts or transforms…
The value producers add to materials in the creation of finis…
Production
The creation of finished goods and services using the factors…
Production management
The term used to describe all the activities managers do to h…
Nickels Understanding Business 11e Chapter 9 Intro to Business vocabulary
assembly process
computer-aided design (CAD)
computer-aided manufacturing (CAM)
computer-integrated manufacturing (CIM)
That part of the production process that puts together compon…
The use of computers in the design of products.
The use of computers in the manufacturing of products.
The uniting of computer-aided design with computer-aided manu…
assembly process
That part of the production process that puts together compon…
computer-aided design (CAD)
The use of computers in the design of products.
Understanding Canadian Business Chapter 9
economies of scale
Henri Foyal
Max Weber
hierarchy
situation in which companies can reduce their production cost…
introduced the 7 management principles, believed each worker…
middle managers, strict rules and regulations on employees
system in which one person is at the top of the organization…
economies of scale
situation in which companies can reduce their production cost…
Henri Foyal
introduced the 7 management principles, believed each worker…
Understanding Business 101 chapter 9
assembly process
CAD
CAM
CIM
that part of the production process that puts together compon…
the use of computers in the design of products
the use of computers in the manufacturing of products
The uniting of CAD with CAM
assembly process
that part of the production process that puts together compon…
CAD
the use of computers in the design of products
McGraw-Hill Understanding Business Chapter 9
Assembly Process
Computer-Aided-Design... (CAD)
Computer-Aided-Manufacturing... (CAM)
Computer-integrated- Manufacturing (CIM)
That part of the production process that puts together compon…
The use of computers in the design of products.
The use of computers in the manufacturing of products.
The uniting of computer-aided design with computer-aided manu…
Assembly Process
That part of the production process that puts together compon…
Computer-Aided-Design... (CAD)
The use of computers in the design of products.
Introduction to Business: Understanding Business Chapter 9
Assembly Process
Computer-aided Design
Computer-aided Manufacturing
Computer-integrated Manufacturing
The part of the production process that puts together compone…
The use of computers in the design process
The use of computers in the manufacturing process
The uniting of computer-aided design with computer-aided manu…
Assembly Process
The part of the production process that puts together compone…
Computer-aided Design
The use of computers in the design process
39 terms
Understanding business ch 9
production
production management
operations management
Operations management in the service i…
the creation of finished goods and services using the factors…
the term used to describe all the activities managers do to h…
a specialized areas in management that converts or transforms…
true
production
the creation of finished goods and services using the factors…
production management
the term used to describe all the activities managers do to h…
10 terms
Understanding Business & Personal Law - Chapter 9
Capacity
Majority
Minor
Minority
Legal ability to enter a contract.
Status of a person who has reached the age at which full civi…
Young person who has not reached the age of legal adulthood.…
Term used to describe a person who has not reached the age of…
Capacity
Legal ability to enter a contract.
Majority
Status of a person who has reached the age at which full civi…
10 terms
Understanding Business & Personal Law - Chapter 9
Capacity
Majority
Minor
Minority
Legal ability to enter a contract.
Status of a person who has reached the age at which full civi…
Young person who has not reached the age of legal adulthood.…
Term used to describe a person who has not reached the age of…
Capacity
Legal ability to enter a contract.
Majority
Status of a person who has reached the age at which full civi…
42 terms
Understanding Business Chapter 17
Accounting
Managerial Accounting
Certified Management Accountant (CMA)
Financial Accounting
The recording, classifying, summarizing, and interpreting of…
Accounting used to provide information and analyses to manage…
A professional accountant who has met certain educational and…
Accounting information and analyses prepared for people outsi…
Accounting
The recording, classifying, summarizing, and interpreting of…
Managerial Accounting
Accounting used to provide information and analyses to manage…
25 terms
Understanding Business Chapter 5
sole proprietorship
partnership
corporation
unlimited liability
A business that is owned, and usually managed, by one person.
A legal form of business with two or more owners.
A legal entity with authority to act and have liability separ…
The responsibility of business owners for all of the debts of…
sole proprietorship
A business that is owned, and usually managed, by one person.
partnership
A legal form of business with two or more owners.
14 terms
Understanding Business Chapter 6
entrepreneurship
entrepreneurial team
micropreneurs
affiliate marketing
Accepting the risk of starting and running a business.
Group of experienced people from different areas of business…
Entrepreneurs willing to accept the risk of starting and mana…
An Internet-based marketing strategy in which a business rewa…
entrepreneurship
Accepting the risk of starting and running a business.
entrepreneurial team
Group of experienced people from different areas of business…
34 terms
Understanding Business Chapter 7
management
planning
organizing
leading
The process used to accomplish organizational goals through p…
A management function that includes anticipating trends and d…
A management function that includes designing the structure o…
Creating a vision for the organization and guiding, training,…
management
The process used to accomplish organizational goals through p…
planning
A management function that includes anticipating trends and d…
26 terms
Understanding Business Chapter 8
Economies of Scale
Hierarchy
Bureaucracy
Chain of Command
The situation in which companies can reduce their production…
A system in which one person is at the top of the organizatio…
An organization with many layers of managers who set rules an…
The line of authority that moves from the top of a hierarchy…
Economies of Scale
The situation in which companies can reduce their production…
Hierarchy
A system in which one person is at the top of the organizatio…
19 terms
Understanding Business Chapter 10
intrinsic reward
extrinsic reward
scientific management
time-motion studies
The personal satisfaction you feel when you perform well and…
Something given to you by someone else as recognition for goo…
Studying workers to find the most efficient ways of doing thi…
Studies, begun by Frederick Taylor, of which tasks must be pe…
intrinsic reward
The personal satisfaction you feel when you perform well and…
extrinsic reward
Something given to you by someone else as recognition for goo…
34 terms
Understanding Business Chapter 7
Autocratic Leadership
Brainstorming
Conceptual Skills
Contingency Planning
leadership style that involves making managerial decisions wi…
coming up with as many solutions to a problem as possible in…
skills that involve the ability to picture the organization a…
the process of preparing alternative courses of action that m…
Autocratic Leadership
leadership style that involves making managerial decisions wi…
Brainstorming
coming up with as many solutions to a problem as possible in…
26 terms
Understanding Business Chapter 8
economies of scale
hierarchy
bureaucracy
chain of command
The situation in which companies can reduce their production…
A system in which one person is at the top of the organizatio…
An organization with many layers of managers who set rules an…
The line of authority that moves from the top of a hierarchy…
economies of scale
The situation in which companies can reduce their production…
hierarchy
A system in which one person is at the top of the organizatio…
14 terms
Understanding Business Chapter 6
Entrepreneurship
Entrepreneurial Team
Micropreneurs
Intrepreneurs
Accepting the risk of starting and running a business.
Group of experienced people from different areas of business…
Entrepreneurs willing to accept the risk of starting and mana…
Creative people who work as entrepreneurs within corporations.
Entrepreneurship
Accepting the risk of starting and running a business.
Entrepreneurial Team
Group of experienced people from different areas of business…
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