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Operations Management
oPERATIONS mANAGEMENT
20
Management
Not Applicable
04/18/2017

Additional Management Flashcards

 


 

Cards

Term
PROCESS MAPPING
Definition

 

The process of taking a strategic plan and turning it into process objectives by identifying key steps that must be taken to move from the beginning of the process to the end of the process in the most effective and efficient manner.

 

Term
OUTSOURCING
Definition

 

The contracting or subcontracting of noncore activities to free up cash,

 

personnel, time, and facilities for activities in which a

company holds competitive advantage

Term
STRATEGIC PLANNING
Definition

 

management‐directed process that is intended to determine a

 

desired future state for a business entity and to define overall strategiesfor accomplishing

 

the desired state

 

Term
DISASTER
Definition
FOR EXAMPLE: FLOOD, TORNADO, EARTHQUAKES, FIRE AND REACTOR MELTOWNS, AND SYSTEM CRASHES
Term
BENCHMARKING
Definition
ALSO KNOWN AS BEST PRACTICES
Term
SIX SIGMA
Definition
A SET OF MANAGEMENT TECHNIQUES INTENDED TO IMPROVE BUSINESS PROCESSES BY GREATLY REDUCING THE PROBABILITY THAT AN ERROR OR DEFECT WILL OCCUR
Term
SUPPLY CHAIN
Definition
THIS IS COMPRISED OF SUPPLIERS, PURCHASERS, TRANSPORTERS, RETAILERS, AND CUSTOMERS
Term
JUST IN TIME
Definition
MAINTAINS ONLY ENOUGH INVENTORY TO MANUFACTURE THE PRODUCTS THEY NEED IN THE VERY NEAR FUTURE
Term
MULTIDISCIPLANARY
Definition
A MANAGEMENT STRUCTURE THAT MAY ALLOW FOR A DIVERSE NUMBER OF SOLUTIONS TO A SPECIFIC PROBLEM
Term
POOLED COUPLING
Definition
REQUIRES THE MANANGEMENT OF INDEPENDENT TASKS THAT SHARE A SIMLAR RESOURCE AND IS COORDINATED THROUGH POLICIES AND PROCEDURES
Term
SEQUENTIAL COUPLING
Definition
THE MANAGEMENT OF INDEPENDENT TASKS THAT MUST OCCUR INA  SPECIFIC ORDER AND IS COORDINATED THROUGH PLANNING. THESE TASKS USUALLY SPAN OVER SEVERAL DEPARTMENTS
Term
RECIPROCAL COUPLING
Definition
PROVIDES INPUT AND OUTPUT PASSED BETWEEN DEPARTMENTS AND IS COORDINATED THROUGH OPEN COMMUNICATION
Term
W EDWARD DEMING
Definition
HE DEVELOPED TOTAL QUALITY MANAGEMENT INCLUDING THE FOURTEEN POINTS FOR MANANGEMENT
Term
SWOT
Definition
STANDS FOR STRENGTHS, WEAKNESSES, OPPORTUNITIES, AND THREATS
Term
RECOVERY
Definition
THE FINAL STAGE OF DISASTER RECOVERY
Term
PROCESS REVIEW
Definition
THIS IS DONE TO VERIFY THE PROCESS IS STILL IN ALIGNMENT WITHT HE STRATEGIC PLAN
Term
QUALITY MANAGEMENT
Definition
AN APPROACH TAKEN BY MANAGEMENT TO ASSESS, MAINTAIN, AND IMPROVE UPON THE ACTIVITIES OF A PROCESS IN ORDER TO MAINTRAIN THE QUALITY OF A PRODUCT OR SERVICE
Term
CHANGE AGENT
Definition
A PERSON WHO DEALS WITH AND ADDRESSES THE OBJECTIVELY REAL RESISTANCE OF CHANGE RECIPIENTS
Term
HOMOGENOUS
Definition
RELATIVELY THE SAME AGE, GENDER, SHARE SIMLAR EDUCATION, AND THEIR DECISION MAKING STYLES
Term
POOLED ACCOUNTABILITY
Definition
THIS CAN HELP TO COMMUNICATE A LARGE SCALE CHANGE
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