Which of the Following Factors Has Promoted Change in Operations

question 54

Multiple Choice

Which of the following factors has promoted change in operations management over the last five decades?

• A) Recognition of productivity as a source of competitive advantage
• B) Adoption of a cost perspective
• C) Rise of global opportunities
• D) Increased inclination to exploit the environment

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Definitions:

Organizational Structure

The system that outlines how activities are directed in order to achieve the goals of an organization, including rules, roles, and responsibilities.

Business Owner

An individual who owns and oversees the operation of a small business or enterprise.

Organizational Structure

the system that outlines how certain activities are directed in order to achieve the goals of an organization, including roles, rules, and responsibilities.

Decisions Made Quickly

A process where choices or judgments are reached in a short period of time, often to respond to immediate needs or opportunities.