Marketing & Operations Quizsearch

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What is the most amount of inventory that should be held?
Maximum Stock Level
1 of 9
What is the time taken between an order being placed and stock arriving?
Lead time
2 of 9
What method of production involves identical products being made on an assembly line?
Flow Production
3 of 9
What is the term for when production uses labour and machnes working together to produce products?
Mechanisation
4 of 9
Which method of quality management involves a group of employees meeting with a manager to discuss problems in the production process?
Quality Circles
5 of 9
What is the phrase that means the possible routes taken by a product to reach the customer from a manufacturer?
Channels of distribution
6 of 9
What is the name of the section of the boston matrix that shows products that have a high market share in a high growth market?
Stars
7 of 9
Which method of research involves researching and analysing information that has already been gathered?
Desk Research
8 of 9
Which pricing strategy is when the price of a product is set deliberately higher than that of the competition?
Premium
9 of 9

Other cards in this set

Card 2

Front

What is the time taken between an order being placed and stock arriving?

Back

Lead time

Card 3

Front

What method of production involves identical products being made on an assembly line?

Back

Preview of the front of card 3

Card 4

Front

What is the term for when production uses labour and machnes working together to produce products?

Back

Preview of the front of card 4

Card 5

Front

Which method of quality management involves a group of employees meeting with a manager to discuss problems in the production process?

Back

Preview of the front of card 5
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