Operations Management Is a Strategic Capability; That Is, It Can

question 35

Short Answer

Operations management is a strategic capability; that is, it can impact business ________ and profits directly.

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Definitions:

Likelihood Probability

The probability of a particular outcome or set of outcomes given a specific model or hypothesis.

State Contracts

Agreements or legal obligations between state governments and businesses or individuals for services, procurement of goods, or construction projects.

Construction Company

A business entity that specializes in the building of structures or infrastructure projects including homes, offices, and other types of buildings.

Condo Sales

Condo sales refer to the transactional process of buying and selling condominium units, which are individual units within a larger building or complex.