Service Providers Need and Use Operations Management Just as Much

question 8

True/False

Service providers need and use operations management just as much as product manufacturers do.

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Definitions:

Stock Split

An action by a company to divide its existing stock into multiple shares to boost liquidity without changing shareholders' equity.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Permanent Capital

The portion of a company's capital that is not expected to be paid back or withdrawn within a year, including equity and long-term debt.

Market Value

Market value is the current price at which an asset or service can be bought or sold in a marketplace.