WGU C720 Unit 2: Management and Planning, Questions and answers, 100% Accurate. VERIFIED/.

WGU C720 Unit 2: Management and Planning, Questions and answers, 100% Accurate. VERIFIED/. Operations Management - -The _______________ is the multidisciplinary science that organizations use to acquire inputs (such as people, capital, material, or energy) and transform them into outputs (products and/or services) that ultimately provide value to the end customer. Operations - -____________ refers to the processes within organizations that acquire inputs and transform them into outputs that the public can consume. It is the processes through which people, capital, and material are combined to produce the services and goods consumed by the public. Ethics - -____________ are a sense of what is right and wrong that guide behavior. operations managers - -_______________ apply ideas and knowledge to: - Decrease production time. - Increase the speed of bringing new services and goods to market. - Improve flexibility to meet rapidly changing customer needs. - Enhance product quality. - Improve customer service. - Increase productivity. Reduce costs. General Agreement on Tariffs and Trade (GATT) - -The ___________ is a set of multilateral trade agreements aimed at the abolition of quotas and the reduction of tariff duties a