Operations is the function that monitors and controls the financial part of producing a product or service.

Question

Quizplus · Accepted Answer

Operations is the function responsible for managing the production and delivery of goods or services, as well as ensuring efficient use of resources and optimizing processes. While financial considerations may be taken into account, the primary focus of operations is on the operational side of business rather than the financial side. Financial management is typically the responsibility of the finance or accounting function.

Operations Is the Function That Monitors and Controls the Financial