Operations strategies

R T.
26 words 2 learners

Learn words with Flashcards and other activities

Definition First
Print Flashcards

Other learning activities

Answer a few questions about each word. Use this to prep for your next quiz! Compete with other teams in real time to see who answers the most questions correctly! Test your spelling acumen. Read the definition, listen to the word and try spelling it!

Teaching tools

Create and assign quizzes to your students to test their vocabulary. Assign learning activities including Practice, Vocabulary Jams and Spelling Bees to your students, and monitor their progress in real-time.

Full list of words from this list:

words only definitions & notes
  1. management
    the act of controlling something
    As we have already discovered, operations management is a crucial key business function.
  2. function
    what something is used for
    As we have already discovered, operations management is a crucial key business function.
  3. manage
    be in charge of, act on, or dispose of
    To successfully manage the operations function, managers must deal with a range of external infl uences that impact on operations.
  4. manager
    someone who controls resources and expenditures
    To successfully manage the operations function, managers must deal with a range of external infl uences that impact on operations.
  5. range
    a variety of different things or activities
    To successfully manage the operations function, managers must deal with a range of external infl uences that impact on operations.
  6. dual
    consisting of two parts or components, usually in pairs
    Infl uences on operations have a dual effect on businesses.
  7. undergo
    pass through
    First, they can cause the business to undergo change and to continually adjust to external factors.
  8. adjust
    alter or regulate so as to conform to a standard
    First, they can cause the business to undergo change and to continually adjust to external factors.
  9. responsiveness
    the quality of reacting quickly
    Responsiveness to change is a constant issue for business.
  10. constant
    uninterrupted in time and indefinitely long continuing
    Responsiveness to change is a constant issue for business.
  11. threat
    declaration of an intention to inflict harm on another
    A second effect is the threat and the opportunity that these infl uences represent to operations processes.
  12. opportunity
    a possibility from a favorable combination of circumstances
    A second effect is the threat and the opportunity that these infl uences represent to operations processes.
  13. corporate
    of or belonging to a business firm
    • Corporate social responsibility
  14. compliance
    the act of submitting, usually surrendering power to another
    – Legal compliance
  15. ethical
    conforming to accepted standards of social behavior
    – Ethical responsibility
  16. environmental
    of or relating to the external conditions or surroundings
    – Environmental sustainability
  17. sustainability
    the capacity of being prolonged
    – Environmental sustainability
  18. competition
    the act of contending with others for rewards or resources
    • Cost-based competition
  19. regulation
    the act of bringing to uniformity
    • Legal regulation
  20. barrier
    a structure or object that impedes free movement
    Globalisation refers to the removal of barriers of trade between nations.
  21. trade
    the commercial exchange of goods and services
    Globalisation refers to the removal of barriers of trade between nations.
  22. integration
    the act of combining into a whole
    Globalisation is characterised by an increasing integration between national economies and a high degree of transfer of capital, labour, intellectual capital and ideas, fi nancial resources and technology.
  23. resource
    aid or support that may be drawn upon when needed
    Globalisation is characterised by an increasing integration between national economies and a high degree of transfer of capital, labour, intellectual capital and ideas, fi nancial resources and technology.
  24. indicate
    designate a place, direction, person, or thing
    Figures 2.2 and 2.3 indicate how operations can be organised around the needs of a global market.
  25. hybrid
    the offspring of genetically dissimilar parents or stock
    FIGURE 2.3 The hybrid global-local structure (‘glocal’ structure)
  26. logistics
    supplying an operation with labor and materials as needed
    The following processes are all features of global businesses that seek to target global markets: product design must meet the needs of global consumers; the choice of location for manufacturing facilities, the quality management, logistics and inventory management processes, are all oriented towards a global market.
Created on Sun Apr 22 07:52:32 EDT 2012 (updated Sun Apr 22 07:55:42 EDT 2012)

Sign up now (it’s free!)

Whether you’re a teacher or a learner, Vocabulary.com can put you or your class on the path to systematic vocabulary improvement.