Which One of the Following Statements Is True About Operations

question 17

Multiple Choice

Which one of the following statements is true about operations management (OM) ?

• A) OM impacts profits directly.
• B) OM impacts revenues indirectly.
• C) OM does not affect the company's stock price.
• D) OM does not have much impact on costs.

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Definitions:

Subsurface Rights

Legal rights to use and develop the area below the earth's surface, such as minerals, oil, and gas.

Underground Materials

Substances found beneath the earth's surface which can include minerals, oil, gas, or groundwater.

Property

Assets or possessions owned by an individual or entity, including tangible items like real estate and personal items, or intangible rights.

Easement

An irrevocable right to use some part of another’s land for a specific purpose, without taking anything from it.