Products Flashcards

(8 cards)

1
Q

what is a good?

A

Something tangible, usually homogeneous, doesn’t involve the customers and that can be manufactured then stored for future purchase

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2
Q

What is a service?

A

Something intangible, usually personalised, the customers are involved, and it is produced in the moment, cannot be stored.

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3
Q

What business provides goods?

A

Manufacturing businesses

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4
Q

What business provides services

A

Service businesses

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5
Q

what are the key elements an operations system

A

inputs, processes and outputs

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6
Q

elements an operations system
inputs, processes and outputs

A

materials management, CSR and considerations

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7
Q

what do processes involve

A

Tech development, quality management, waste minimisation, CSR and global considerations

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8
Q

What do outputs involve

A

Quality management, waste minimisation and CSR

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