The Tools and Techniques of Operations Management Do Not Apply

question 44

True/False

The tools and techniques of operations management do not apply to service firms or service activities.

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Definitions:

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future conditions or events.

Short-Term

Pertaining to a limited time period, usually referring to immediate goals, plans, or investments.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for multiple future conditions or outcomes.

Future States

Potential and envisioned scenarios or conditions that an organization or system aims to achieve in the long term.