Operations Management in an Organization ______

question 93

Multiple Choice

Operations management in an organization ______.

• A)is concerned only with short-term strategies as the environment is rapidly changing
• B)guides corporate strategy
• C)is a part of functional strategy
• D)has declined in importance in recent years

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Definitions:

Displacement

In physics, the movement of an object from one position to another or the volume displaced by an object in a fluid.

Business Conditions

Describes the state of the economy and market environment in which a business operates, affecting its performance and strategy.

Defense Mechanism

Psychological strategies unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Regression

A statistical method used to model and analyze the relationship between a dependent variable and one or more independent variables.