To Apply the Principles of Operations Management, Managers Need to Understand

question 15

True/False

To apply the principles of operations management, managers need to understand people, processes, and technology.

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Definitions:

Demonstration

A visual or practical presentation showing how a product or service works or its benefits.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.

Spontaneity

Acting on impulse rather than planning in advance, characterized by sudden and unplanned actions.

Professional Salespeople

Individuals who specialize in selling products or services, often using expert knowledge and skills to meet their customers' needs and achieve sales targets.