Which of the following statements is true of operations management (OM)? Oa. The application of the concepts and methods of OM is limited to the technology industry. O b. OM is the only function by which managers can directly affect the value provided to all stakeholders. Oc. OM and its principles are exclusively applicable to firms that produce tangible products. d. The activities involved in OM focus on creating value solely for external customers.
Which of the following statements is true of operations management (OM)? Oa. The application of the concepts and methods of OM is limited to the technology industry. O b. OM is the only function by which managers can directly affect the value provided to all stakeholders. Oc. OM and its principles are exclusively applicable to firms that produce tangible products. d. The activities involved in OM focus on creating value solely for external customers.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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![Which of the following statements is true of operations management (OM)?
a. The application of the concepts and methods of OM is limited to the
technology industry.
O b. OM is the only function by which managers can directly affect the value
provided to all stakeholders.
Oc. OM and its principles are exclusively applicable to firms that produce
tangible products.
€
d. The activities involved in OM focus on creating value solely for external
customers.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1a4c3ab3-4cb1-4f76-b3c6-4d580077c3d9%2Fd89dc157-e67d-409e-b2ed-9ea32d137887%2Ft7zvt7f_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following statements is true of operations management (OM)?
a. The application of the concepts and methods of OM is limited to the
technology industry.
O b. OM is the only function by which managers can directly affect the value
provided to all stakeholders.
Oc. OM and its principles are exclusively applicable to firms that produce
tangible products.
€
d. The activities involved in OM focus on creating value solely for external
customers.
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