Teddy oversees the activities in creating the right goods and services in the right quantities and distributing them to the right customers.His decisions have a major impact on both the revenue and costs his firm incurs,and therefore on the firm's financial success.This is an example of operations management.
Correct Answer:
Verified
Q5: Operations management is concerned with all of
Q7: A process is a set of activities
Q8: Over the long run, a firm must
Q9: Efficiency refers to the goal of using
Q12: Goods are considered tangible, while services are
Q12: A job shop process is a production
Q13: Flow shop process is a production process
Q15: A local diner makes milkshakes the old-fashioned
Q15: General Motors is an example of a
Q16: Ron and Dave are business partners in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents