In Operations Management, _____ Means Using Resources to Create Value

question 79

Multiple Choice

In operations management, _____ means using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits.

• A) effectiveness
• B) efficiency
• C) throughput
• D) productivity

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Definitions:

Teknonymy

A naming practice where a parent is referred to by the name of their child, commonly found in various cultures around the world.

Tuareg

A nomadic Berber people inhabiting the Sahara and Sahel regions of North and West Africa, known for their distinctive blue clothing and matrilineal society.

Ancestor Spirit

A belief in the ongoing presence and influence of the spirits of deceased ancestors in the lives of the living, common in many cultures worldwide.