One of the Reasons Why Operations Management Is So Important

question 52

True/False

One of the reasons why operations management is so important to organizations and managers is that it plays a strategic role in an organization's competitive success.

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Definitions:

High Reward

A significant incentive or outcome that encourages the continuation or repetition of a behavior.

Positive Contrast Effect

The phenomenon where the perceived value or intensity of a stimulus is increased when juxtaposed with a less attractive stimulus.

Hyperalgesia

An increased sensitivity to a painful event.

Analgesia

A reduced sensitivity to painful events.