The Process of Creating and Providing Goods and Services Is

question 8

True/False

The process of creating and providing goods and services is production-operations.

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Definitions:

General Environment

The overall conditions and factors external to a business that affect its strategy and performance, such as economic, social, and political conditions.

Wheel of Innovation

A conceptual tool used to illustrate the cyclic process of innovation, from idea generation to implementation.

Corporate Social Responsibility

The obligation of an organization to serve the interests of multiple stakeholders, including society at large.

Human Sustainability

Practices and strategies aimed at promoting the long-term well-being and development of people within a society or organization.