Which One of the Following Statements Regarding Operations Management Is

question 26

Multiple Choice

Which one of the following statements regarding operations management is TRUE?

• A) Inputs to a production system include capital and materials, but not human resources.
• B) Operations management deals only with manufacturing organizations because service organizations do not have tangible outputs.
• C) Typical inputs to a production system are processes and consumer goods.
• D) Customer participation and information on performance are two special types of inputs to a production system.

---

Definitions:

Reject

To refuse to accept, submit to, believe, or make use of.

Option Contract

A contract granting an individual the right, but not the obligation, to buy or sell an asset at a future date at an agreed-upon price.

Offeror

The party in a contract negotiation that presents the terms of the agreement to the offeree for acceptance.

Subject Matter

The substance or core topic addressed in a document, conversation, or area of study.