Because Little or No Inventory Is Carried in a Service

question 62

True/False

Because little or no inventory is carried in a service operation, it is easy to separate the operations management functions from marketing in services.

---

Definitions:

Greatest Good

A principle often associated with utilitarianism that suggests actions should be evaluated based on their consequences for the greatest number of people.

Leader-Follower Relationship

Focuses on the dynamic interactions between leaders and followers, including trust, influence, and the exchange of benefits.

Heifetz

A scholar known for his work on adaptive leadership, which emphasizes the importance of leaders encouraging adaptation and learning in the face of change.

Virtue-Based Theories

Ethical theories that focus on the moral character of individuals and the virtues they embody for ethical decision making.