The Operations Function Exists Only in Firms That Are Goods-Oriented

question 44

True/False

The operations function exists only in firms that are goods-oriented.

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Definitions:

Proximity to Markets

The closeness of a business or production site to its customers or consumers, which can significantly affect logistics, delivery times, and overall competitiveness.

Tax Incentives

Financial benefits offered by governments to encourage or discourage certain economic activities.

Proximity

This refers to the closeness or physical distance between two or more points or objects, often affecting the likelihood of interaction or communication.

Computer-Aided Design

The use of computer software to create, modify, analyze, or optimize designs, enhancing the productivity of designers and improving the quality of design.