__________ refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.
A)Production
B)Resource management
C)Value creation
D)Operations management
E)Resource utilization

Question

Quizplus · Accepted Answer

Value creation refers to the process of adding value to the inputs through a combination of production, resource management, operations management and resource utilization while making a profit.

__________ Refers to the Operation Through Which a Business or Non-Profit