In Recent Years, Operations Management Has Become More Focused on Providing

question 149

True/False

In recent years, operations management has become more focused on providing services, because that is where the growth and profit potential is greatest.

---

Definitions:

Preparing Environment

The process of arranging or modifying a setting to make it suitable for specific tasks or to enhance its functionality.

Physical Setting

The natural or built environmental context in which events occur, influencing the behavior and interactions of its occupants.

Financial Support

Monetary assistance provided to individuals, organizations, or governments to help them meet their financial needs or goals.

Closed Membership

Closed Membership implies a restricted entry system where members are admitted based on certain criteria, and new entries are limited or require special admission processes.