Which of the following are reasons for globalizing operations?

Which of the following are reasons for globalizing operations?

One reason for global operations is to gain improvements in the supply chain. One reason to globalize is to learn to improve operations. globalize. A product will always be in the same stage of its product life cycle regardless of the country.

What is the factor rating score for ling services?

Ling Services received a score of 30 for factor A, 46 for factor B, and 22 for factor C.

Which of the following is an example of competing on quick response Mcq?

According to this, an example of competing on quick response wil be that a firm’s products are introduced into the market faster than its competitors’ products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage …

What is the primary focus of strategic management?

The strategic management process is a decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment.

Which of the following are the primary functions of all organizations?

There are four basic functions in an organization: Planning, Controlling, Leading and Controlling. The primary functions in an organisation include marketing of the product, production of goods and accounting of the cash inflow and outflow.

What are the five elements in the management process?

According to him, the five elements of the management process are planning, organizing, controlling, commanding, and coordinating.

Which is not true regarding the differences between goods and services?

Which is not true regarding differences between goods and services? Goods tend to have higher customer interaction than services. Tangible goods are generally produced and consumed simultaneously; services are not.

What is a global network of organizations and activities?

A global network of organizations and activities that supply a firm with goods and services is referred to as: supply chain.

What are the four basic global operations strategies?

Four main global strategies form the basis for global firms’ organizational structure. These are domestic exporter, multinational, franchiser, and transnational. Each of these strategies is pursued with a specific business organizational structure (see Table 16-3).

What is a global network of organizations and activities that supply a firm with goods and services quizlet?

Define a supply chain. Why is the concept necessary? A global network of organizations and activities that supply a firm with goods and services.

Which of the following is an example of a hidden production function?

An example of a “hidden” production function is money transfers at banks. The operations manager performs the management activities of planning, organizing, staffing, eading, and controlling of the OM function.

What is the goal for mass customization quizlet?

E) The goal of mass customization is to produce customized products, whenever and wherever needed.

Which of the following is an example of an operations activity?

Production, manufacturing, and accounting are examples of operations.

Which of the following is the third level in Work Breakdown Structure?

It shows all the work that needs to be accomplished. The WBS contains 100% of all the work in the project. At the top level is the project ultimate goal, the second level contains the project objectives, the third level has the project outputs and the fourth level with activities.

What is WBS level?

A Work Breakdown Structure is a higher level project artifact that supports the creation of schedules and budgets. The WBS is a hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables (PMI, 2013, p. 126).

What is the lowest level of WBS?

work package level

What is a good WBS?

A good work breakdown structure (WBS) includes only deliverables and activities. The best approach in WBS is placing deliverables as summary activities and breaking down these summary activities into detailed activities based on the work required to meet such deliverables.

What is the most detailed level of the WBS?

work package

How do you explain WBS?

A Work Breakdown Structure (WBS) is a deliverable-oriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables. A WBS is the cornerstone of effective project planning, execution, controlling, monitoring, and reporting.

How do you create a WBS?

How to Create a WBS: The High-Level View

1. Determine and describe the project statement.
2. Highlight all the necessary phases of the project.
3. Create and list the deliverables (as well as how success will be measured)
4. Divide the deliverables into manageable tasks.

How is WBS done?

The goal of a WBS is to make a large project more manageable. Breaking it down into smaller chunks means work can be done simultaneously by different team members, leading to better team productivity and easier project management.

What are the types of WBS?

There are two main types of WBS: deliverable-based, and phase-based.

What is the purpose of WBS?

A work breakdown structure (WBS) is a tool that can be used for projects, programs, and even initiatives to understand the work that has to be done to successfully produce a deliverable(s). The benefits of creating a WBS include: it defines and organizes the work required.

Why is a WBS important?

The WBS makes the deliverables more precise and concrete so that the project team knows exactly what has to be accomplished within each deliverable. This also allows for better estimating of cost, risk, and time because you can work from the smaller tasks back up to the level of the entire project.

Does every project need a WBS?

Every project has a WBS, just like they all have schedules and budgets. A good WBS is important for defining the scope of a project. The WBS is the major input into the creation of the project schedule, budget, and risk plan.

What is Project WBS?

A WBS, as defined in the PMBOK® Guide—Third Edition is “a deliverable-oriented hierarchical decomposition of the work to be executed by the project team to accomplish the project objectives and create the required deliverables. It organizes and defines the total scope of the project.

What is a work package in a WBS?

A work package is the lowest component in a work breakdown structure (WBS), sometimes called the terminal element of a WBS. You create a work package when you decompose a deliverable into components while creating a work breakdown structure.

What is a work package example?

What is a Work Package?: A Workpackage Example. There are teams involved: the carpenters, roofers, architects, and painters; you can break it down into smaller tasks (paint the deck by tomorrow, finish the kitchen in a month, etc.); and it has an overall manager. Voila! Those are your workpackages.