Entrepreneurship Chapter 16

A firm that provides transportation services at uniform rates to the general public

The planning, execution, and control of the movement and placement of people and/or goods

Hiring people and other companies to handle tasks that a business can not do

Which is a basic way to manage maintenance

What does PERT stand for?

The process of creating new or improved products

The use of machines to do the work of people

Small group of employees who meet regularly to identify ways to improve quality of what they do

A working model of a product

A delivery term that designates a shipment as delivered free of charge to a buyer

A business that operates its own vehicles for the purpose of transporting its own products

FedEx is an example of a

The process of making sure the goods and services you produce meet certain standards

A graphic schedule of a project's phases, activities, and tasks plotted against a time line

What is the first step in the product development process

A shipping company that transports freight under contract with one or more shippers

Which is used for major projects or activities

A project schedule that is arranged in a diagram

What are two common ways to achieve quality control?

3 good reasons for getting the design right the first time are

A measure of how much a business produces in a given time

McDonalds is an example of a

What is the last step of the product development process