Operations Management Is a Specialized Area in Management That Converts

question 269

Multiple Choice

Operations management is a specialized area in management that converts resources into

• A) services, rather than goods.
• B) goods, rather than services.
• C) both goods and services.
• D) financial data.

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Definitions:

Self-Actualization

Materializing or achieving one's natural capabilities and potential, seen as a fundamental drive or essential requirement in everyone.

Economic Security

Refers to the condition of having stable income or other resources to support a standard of living now and in the foreseeable future.

Arousal Theory

A theory of motivation that posits individuals seek to maintain an optimal level of arousal, seeking stimulation when it is low and calm when it is high.

Recreational Skydivers

Individuals who participate in skydiving for enjoyment and leisure, rather than for professional or competitive reasons.