Operations Management Is the Only Function by Which Managers Can

question 1

True/False

Operations management is the only function by which managers can directly affect the value provided to all stakeholders-customers, employees, investors, and society.

---

Definitions:

Unrealized Loss

A decrease in the value of an investment or asset that has not been sold, hence the loss has not been realized.

Fair Value Adjustment

A correction made to the reported value of an asset or liability to align it with its market value.

Discounted Note

A debt instrument that is sold or issued for less than its face value and whose return comes from the difference between the purchase price and the face value paid at maturity.

Proceeds

The amount of money received from a transaction, often used in the context of sales or the disposition of assets.