3B Key Elements of an Operations System Flashcards
(3 cards)
1
Q
What is the definition of Inputs?
A
Inputs are the resources used by a business to produce goods and services.
2
Q
What is the definition of Processes?
A
Processes are the actions performed by a business to transform inputs into outputs.
3
Q
What is the definition of Outputs?
A
Are the final goods or services produced as a result of a business’s operations system, that are delivered or provided to customers
