GMS 401 Study Guide - Total Factor Productivity, Overnight Delivery, Swot Analysis

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 401
• Professor: anon

Document Summary

True / false questions: an example of a strategic operations management decision is the choice of where to locate. Taxonomy: knowledge: an example of an operational operations management decision is inventory level management. Taxonomy: knowledge: an example of a tactical operations management decision is whether to build a new facility or to expand an existing one. Chapter 02 - competitiveness, strategy, and productivity: an example of a tactical operations management decision is determining employment levels. Taxonomy: knowledge: productivity is defined as the ratio of output to input. Taxonomy: knowledge: productivity is defined as the ratio of input to output. Taxonomy: knowledge: competitiveness relates to the profitability of an organization in the marketplace. Taxonomy: knowledge: if people would only work harder, productivity would increase. Chapter 02 - competitiveness, strategy, and productivity: tracking productivity measures over time enables managers to judge organizational performance and decide where improvements are needed.