tle - quiz #2

• Operation - transforms resource or data inputs into desired goods, services, or results that deliver value to the customer
• Operation Management - concerned with covering materials and labor into goods and services as efficiently as possible to maximize the profit of an organization
• Job Design Human Resources - organizing tasks, duties and responsibilities into a productive unit of work
• Job Design Human Resources - person/job fit matching characteristics of people with characteristics of jobs
• Job Design

  • Job Performance
  • Job Satisfaction
  • Physical and Mental Health
• Location Strategy - purchasing power of the customers area

  • competition in the area
  • quality of the competition
  • uniqueness of the firm's and competitor's location
• Scheduling - the process of arranging, controlling and optimizing work and workloads
• Maintenance - activities required or undertaken as nearly, and as long as possible to original condition of an asset or resource
• Inventory - the activity of checking shop's stock
• Inventory - involves creating a purchasing plan to ensure that items are available when they are needed
• Design of Goods and Services - how the goods and services be delivered to the customers
• Supply Chain Management - the management of the flow of goods and services
• Supply Chain Management - involves the movement of raw material used
• Layout Design - how the resources are located relative to each other and how its various jobs are allocated to resources
• Marketing - the management process through which goods and services move from concept to the customer
• Marketing - focused on the customer
• Selling - focused on the product
• 4 elements of marketing

  1. identification, selection and development of a product
  2. determination of its price
  3. selection of a distribution channel to reach the customer's place
  4. development and implementation of a promotional strategy
• Marketing Management - an organizational discipline which focuses on the practical application of marketing orientation, techniques, and methods inside enterprises and organizations
• Cold Calling - calling people on the phone and offer services although some of the calls may not be successful
• Newsletters and Articles - through announcements on what is happening to the company and the company's industry
• Search Engine Marketing - among the top results in another way of marketing
• Trade Shows - entrepreneurs look for retailers to carry their products
• Trade Shows - a form of business to business marketing
• Product Placement Entertainment - placing the products as parts of scripts in movies where moviegoers can see them
• Brand - type of product manufactured by a particular company under a particular name
• Brand Name - name given by the manufacturer to a product or range of product
• Brand Name - a word, symbol, especially one legally registered as a trademark used by a manufacturer to identify its products distinctively from others
• Packaging - material used to wrap or protect goods
• Label - a small piece of paper, fabric, plastic, or similar material attached to an object and giving information about it
• Trade Name - a name that has a status or trademark
• Trade Name - a business name used by companies to perform their business under a name that differs from a registered or legal name