Identify a Factor That Has Promoted Change in Operations Management

question 61

Multiple Choice

Identify a factor that has promoted change in operations management over the last five decades.

• A) Recognition of quality as a source of competitive advantage
• B) Adoption of a cost perspective
• C) Adoption of simpler supply chains
• D) Increased disregard for severe environmental problems

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Definitions:

Principal

The primary party involved in a transaction, agreement, or legal relationship, who has authorized agents to act on their behalf.

Agent

A person authorized to act on behalf of another person or entity, known as the principal, in business dealings or other matters.

Liable

Liable describes the state of being legally responsible for something, especially in terms of owing compensation or facing legal consequences for one's actions or inactions.

Torts

Civil wrongdoings recognized by law as grounds for a lawsuit, excluding breaches of contract and equitable relief claims, potentially resulting in damages awarded to the injured party.