The Text Views Operations Management in Several Different Ways

question 84

Multiple Choice

The text views operations management in several different ways. One acceptable view of operations management is as a

• A) set of decisions related to budgeting the annual resources between different functional areas.
• B) set of decisions related to product pricing and marketing.
• C) corporate function in which the best way to finance corporate assets is determined.
• D) system wherein inputs pass through one or more operations and are transformed into outputs (goods or services).

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Definitions:

Self-actualization

The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

Self-efficacy

Self-efficacy is the belief in one's ability to succeed in specific situations or accomplish a task.

Rational Restructuring

A cognitive therapy technique aimed at identifying and changing irrational or maladaptive beliefs that can lead to negative emotions.

Psychological Congruence

Psychological Congruence refers to a state where an individual's self-concept, experiences, and reality are in harmony, enhancing personal wellbeing and authenticity.