In the context of operations management, which of the following statements is true of the increasingly competitive and global nature of markets?
A) There has been a significant decrease in green practices.
B) There is a higher inclination to exploit the environment.
C) There has been a shift from a cost perspective to a value perspective.
D) There is an increased preference for simplified supply chains.

Question

Quizplus · Accepted Answer

The increasingly competitive and global nature of markets has led companies to focus more on delivering value to customers rather than just minimizing costs, as value creation can be a key differentiator in a competitive landscape.

In the Context of Operations Management, Which of the Following