Apollo Just Graduated with a Degree in Operations Management

question 70

True/False

Apollo just graduated with a degree in operations management. While earning his degree, the knowledge he gained and skills he developed could make him an attractive employee for both a manufacturing firm and a service firm.

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Definitions:

Productivity Variables

The three factors critical to productivity improvement—labour, capital, and management.

Labour

The human effort, whether physical or mental, contributed towards the production of goods or services in an economy.

Capital

Financial assets or resources that individuals or organizations use to fund their operations and invest in their businesses.