What Is the Relationship Between Operations Management and Organizational Strategy

question 3

Multiple Choice

What is the relationship between operations management and organizational strategy?

• A) Operations management drives organizational strategy decisions.
• B) Organizational strategy drives operations management decisions.
• C) There is a direct relationship between the two so that each affects the other.
• D) There is essentially little relationship between the two areas.
• E) To date,research has been unable to show a consistent relationship between the two.

Recognize the importance and characteristics of effective meetings within a company.

Identify the nature of communication as a process.

Acknowledge effective writing and listening as essential communication skills.

Discern the impact of communication on management functions and organizational culture.

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Definitions:

Corporate Social Responsibility

Involves a business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Socially Responsible Actions

Business practices that contribute positively to society, encompassing ethical conduct, environmental sustainability, and community engagement.

Stakeholder Groups

Collections of individuals or organizations that have an interest or stake in the success and decisions of a business or project.

Corporate Social Responsibility

The practice by companies to make a positive impact on society and the environment beyond regulatory requirements or direct financial interests.