This term refers to the resources such as raw materials, labor, and equipment that are used in the production process to create goods and services.
What is inputs?
This process involves the increasing interconnectedness of world economies through cross-border trade, investment, technology transfer, and the flow of goods, services, and idea
What is globalisation?
A chart with horizontal bars to visualize a project's schedule over time, showing each task's start, end, and duration.
What is a Gantt chart?
This essential supply chain function involves receiving, storing, picking, packing, and shipping goods to ensure efficient inventory management and order fulfillment.
What is warehousing?
This Dutch post-impressionist painter created 'Starry Night' and 'Sunflowers'.
Who is Vincent van Gogh?
This competitive strategy involves creating unique products or services that stand out from competitors through innovation, quality, or branding to attract customers
What is differentiation?
This business practice involves following all relevant laws, regulations, and internal policies to avoid penalties and operate ethically.
In operations management, this refers to the constraint or stage in a process that limits the overall capacity and throughput of the system
What is bottleneck?
This business strategy involves contracting with external organisations or individuals to perform specific tasks or services that were previously handled internally.
What is outsourcing?
What was the first vegetable ever to be grown in space?
This business strategy allows companies to produce goods in large quantities at lower costs per unit by spreading fixed expenses over more output
What is economies of scale?
This systematic process involves generating, developing, and implementing new or improved products, services, or processes to create value for customers and gain competitive advantage.
What is innovation?
These physical structures, such as factories, warehouses, and offices, support core business activities including production, storage, and administration
What is facilities?
This model of commerce involves buying and selling goods and services over the internet, often through websites or apps
What is e-commerce?
What is the diameter of the average basketball hoop? In inches.
What is 18 inches?
This production approach involves creating products tailored to individual customer specifications rather than producing standardized items.
What is customised/customisation?
This manufacturing process involves making products in the opposite order of traditional assembly, starting with the finished product and working backward to analyse or improve the design.
What is reverse?
This work arrangement enables employees to perform their job duties from home or other remote locations using technology like internet and phone, avoiding traditional office commutes
What is telecommute?
This term describes the most advanced, cutting-edge technology, methods, or practices that position a company at the forefront of its industry.
What is leading edge?
This 1215 English document established the principle that the king was not above the law and protected the rights of nobles.
What is the Magna Carta?
This manufacturing methodology, originating from the Toyota Production System, focuses on eliminating waste, maximizing customer value, and pursuing continuous improvement through principles like flow and pull systems
What is lean production?
This legal and ethical duty requires professionals like directors or trustees to act solely in the best interests of their clients or company, prioritizing loyalty over personal gain.
What is fiduciary?
These operations management techniques involve determining the order of tasks and allocating time/resources to them to optimize efficiency and meet deadlines
What is sequencing and scheduling?
This process involves combining different systems, processes, or organisations into a unified whole to improve efficiency and create value.
What is intergration?
What do you call a group of porcupines?
What is a prickle?