Business

Defs

100

Define "Strategies"

Strategies are the actions that a business takes to achieve specific goals.

200

Define "interdependence"

Interdependence refers to the mutual dependence that the key functions have on one another.

300

Define "Outsourcing"

Outsourcing is the use of external sources or businesses to undertake business functions or activities for the business.

400

Define "Operations"

Operations refers to the business process that involve transformation or, more generally, production.

500

Define "Operations management"

Operations management consists of all the activities in which managers engage to produce a good or service.

BBHS

100

Where is the TOR located?

In a room to the right of the front office.

200

What is the "Bay Way"?

- Be Responsible, Be Safe, Be Respectful

300

What is the special at the canteen for lunch today?

Chicken donor kebab

400

Spell the librarian's name.

Mr. Francis Scognamiglio

500

Who is the current school president and who will be the school president next term?

Tanika Golbach is the current president and Harry Aiken will be next term.

Funky

100

Name the four key business functions

Operations, Marketing, Finance and Human Resources

200

Which key business function is exclusive to the others?

None! They are all interrelated!

300

Outline the process for making a product of your choosing.

Inputs >> Production/ Transformation >> Outputs

400

In which state is Toyota's car factory and why would it be closing down next year.

Toyota's car factory is located in Altona, Victoria. It is closing down because there are cheaper options for production in other countries such as Thailand.

500

What appliance was imperative in the innovation of the first Nike shoes?

The first Nike shoes were made inside a waffle iron. Bowerman’s first eureka moment for footwear innovation came in 1971 when he and his wife were making waffles for breakfast: it sparked an idea for a grooved pattern on the sole of trainers to help athletes grip running tracks. It spawned the “Nike Waffle Trainer,” which was patented in 1974 (at the expense of his wife Barbara’s waffle iron), Nike explains on its press site.