Which Data Types Are Typically Found in the Operations Management

question 221

Multiple Choice

Which data types are typically found in the operations management department?

• A) Manufacturing data, distribution data, and production data.
• B) Sales data, customer data, commission data, and customer support data.
• C) Employee data, promotion data, vacation data.
• D) Investment data, monetary data, reporting data.

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Definitions:

Competitive Advantage

The unique attributes or capabilities that allow a company to outperform its competitors, including superior products, services, processes, or technologies.

Customer Retention

The activities and actions companies and organizations take to reduce the number of customer defections and to encourage loyalty among existing customers.

Long-Term Profits

The sustained earnings a company generates over an extended period, indicating its financial health and stability.

Product Excellence

Involves a focus on achieving high-quality products; effective branding and positioning is key.