Operations Management Is a Specialized Area in Management That Converts

question 269

Multiple Choice

Operations management is a specialized area in management that converts resources into

• A) services, rather than goods.
• B) goods, rather than services.
• C) both goods and services.
• D) financial data.

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Definitions:

Excessive Cost

Expenses that exceed what is reasonable or necessary, often to the point of being unsustainable.

Lengthy Time

A period that is considered to be longer than usual or expected.

Logic Model

A systematic and visual way to present and share the perceived relationships among the resources, activities, outputs, and outcomes of a program or intervention.

Activities

Tasks, actions, or operations that are carried out as part of a process or to achieve an objective.