Asked by Gloria Kirby on May 30, 2024
Verified
The process of managing productive systems that transform resources into finished products is:
A) operations management.
B) entrepreneurship.
C) strategic management.
D) job design.
E) systems analysis.
Operations Management
The administration of business practices aimed at ensuring maximum efficiency within an organization, focusing on product creation, development, and distribution.
Productive Systems
Systems designed to enhance efficiency and productivity in the production of goods or delivery of services.
Finished Products
Refer to goods that have completed all stages of production and are ready for sale or distribution to the end-user.
- Understand the concept of the value chain and its analysis to improve efficiency and effectiveness in operations.
Verified Answer
Learning Objectives
- Understand the concept of the value chain and its analysis to improve efficiency and effectiveness in operations.
Related questions
Which of the Following Organizes All of the Activities a ...
The Strategic Importance of Value Chain Activities Varies by Industry
On a Value-Chain Analysis Using an SPA,a Firm Determines That ...
The Primary Purpose for Conducting a Value Chain Analysis Is ...
A Company Has a Significant Competitive Advantage When It Is ...